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ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test
Start Chapter 4 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test
00:00
Question # 1
Non -Scheduled bank menas a bank which is not registred with.
Question # 2
Which principle is followed by central bank to issue currency notes
Question # 3
What are the objectives of monetary policy
Question # 4
Which method or methods are prevailing in Pakistan for issuing notes
Question # 5
Important functions of a central bank:
Question # 6
Central bank bank supervises one of the following systems of a country:
Question # 7
The Bank are called Scheduled Bank which are registered with the.
Question # 8
What is meant by margin requirement
Question # 9
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 10
Central bank is owned by
Question # 11
The transmission of following is stopped due to clearing house:
Question # 12
Scheduled Banks can keep his totl assets outsinde the country.
Question # 13
Non- Scheduled banks are formed under co-opeative society Act.
Question # 14
If the quatity of money in circulation increases then this situation is called:
Question # 15
Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue
ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Central bank is owned by |
A. Public
B. Government
C. Commercial baks
D. All of the above
|
| 2 | Non- Scheduled banks are formed under co-opeative society Act. |
A. 1932
B. 1925
C. 1984
D. 1911
|
| 3 | Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is. |
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
|
| 4 | Scheduled bank is bound to keep with the Country. |
A. 80% of Total Assets
B. 60% of Total Assets
C. 40% Total Assets
D. 20% Total Assets
|
| 5 | Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue |
A. 5%
B. 10%
C. 30%
D. 100%
|
| 6 | If the quatity of money in circulation increases then this situation is called: |
A. Inflation
B. Deflation
C. Money market
D. All of the above
|
| 7 | Participation term certificate are issued by. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
|
| 8 | Example of Non scheduled is |
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
|
| 9 | Central bank provides the following facility to scheduled banks: |
A. Feast
B. Godown
C. Clearing house
D. None of the above
|
| 10 | Scheduled Bank Can be registered under SBP Act. |
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
|
Test Questions
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