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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
Which function does a central bank not perform
Question # 2
Participation term certificate are issued by.
Question # 3
The Bank are called Scheduled Bank which are registered with the.
Question # 4
Participation term certificates are issued in place of.
Question # 5
Modern central banking system started in
Question # 6
Scheduled bank is bound to keep with the Country.
Question # 7
State Bank of Pakistan Act is
Question # 8
Centrak Bank Act as Lender of Last Resort to.
Question # 9
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Question # 10
If the quatity of money in circulation increases then this situation is called:
Question # 11
Which method or methods are prevailing in Pakistan for issuing notes
Question # 12
Documents required to conert non scheduled bank into scheduled bank.
Question # 13
What is the objective of clearing house
Question # 14
Scheduled Banks can keep his totl assets outsinde the country.
Question # 15
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
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 | Credit money in the country is controlled by |
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
|
| 2 | Non- Scheduled banks are formed under co-opeative society Act. |
A. 1932
B. 1925
C. 1984
D. 1911
|
| 3 | What is the objective of clearing house |
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills
|
| 4 | When was the first central bank of sub-continent established: |
A. 1635
B. 1732
C. 1835
D. 1935
|
| 5 | Scheduled Banks can keep his totl assets outsinde the country. |
A. 80%
B. 60%
C. 40%
D. 20%
|
| 6 | Which term is used in connection with monetary policy |
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
|
| 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 | Scheduled Banks are registred under state bank act. |
A. 1956
B. 1984
C. 1962
D. 1932
|
| 9 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
| 10 | Central bank provides the following facility to scheduled banks: |
A. Feast
B. Godown
C. Clearing house
D. None of the above
|
Test Questions
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