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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
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Question # 2
Non- Scheduled banks are formed under co-opeative society Act.
Question # 3
Can open new branch without the consent of Centrla Branch.
Question # 4
Central Bank provide the facility to Scheduled Banks.
Question # 5
The external value of local currency is stablized through:
Question # 6
Which principle is followed by central bank to issue currency notes
Question # 7
Non -Scheduled bank menas a bank which is not registred with.
Question # 8
Which function does a central bank not perform
Question # 9
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
Question # 10
In the Presence of Clearing House Scheduled Banks keeps.
Question # 11
The central bank works under the rules framed by:
Question # 12
In case of inflation in the country, the rate of margin is:
Question # 13
Credit money in the country is controlled by
Question # 14
Scheduled Banks are registred under state bank act.
Question # 15
Participation term certificates are issued in place of.
ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test
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K KHALIL UR REHAMAN 12 - Aug - 2022 02 Min 18 Sec 14/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | Non- Scheduled banks are formed under co-opeative society Act. |
A. 1932
B. 1925
C. 1984
D. 1911
|
| 3 | Under which Section Scheduled Bank can open new branch. |
A. Section 38
B. Section 39
C. Section 40
D. Section 41
|
| 4 | Participation term certificates are issued in place of. |
A. Shares
B. Debentures
C. NIT Units
D. All these
|
| 5 | What are the objectives of monetary policy |
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
|
| 6 | Which term is used in connection with monetary policy |
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
|
| 7 | Central Bank provide the facility to Scheduled Banks. |
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
|
| 8 | It is necessary for scheduled bank to. |
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
|
| 9 | The transmission of following is stopped due to clearing house: |
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
|
| 10 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
|
Test Questions
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