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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
Scheduled Banks can keep his totl assets outsinde the country.
Question # 2
Which principle is followed by central bank to issue currency notes
Question # 3
Which function does a central bank not perform
Question # 4
Central Bank provide the facility to Scheduled Banks.
Question # 5
Important functions of a central bank:
Question # 6
It is necessary for scheduled bank to.
Question # 7
Which method or methods are prevailing in Pakistan for issuing notes
Question # 8
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 9
Scheduled Banks are registred under state bank act.
Question # 10
Non -Scheduled bank menas a bank which is not registred with.
Question # 11
What is the objective of clearing house
Question # 12
Under which Section Scheduled Bank can open new branch.
Question # 13
Which term is used in connection with monetary policy
Question # 14
Participation term certificate are issued by.
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 bank supervises one of the following systems of a country: |
A. Provincial
B. Political
C. Economical and financial
D. None of the above
|
| 2 | Which term is used in connection with monetary policy |
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
|
| 3 | State Bank of Pakistan Act is |
A. 1932
B. 1962
C. 1984
D. 1997
|
| 4 | 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
|
| 5 | 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
|
| 6 | It is necessary for scheduled bank to. |
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
|
| 7 | Which method or methods are prevailing in Pakistan for issuing notes |
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these
|
| 8 | Important functions of a central bank: |
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
|
| 9 | When was the first central bank of sub-continent established: |
A. 1635
B. 1732
C. 1835
D. 1935
|
| 10 | Non- Scheduled banks are formed under co-opeative society Act. |
A. 1932
B. 1925
C. 1984
D. 1911
|
Test Questions