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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 term is used in connection with monetary policy
Question # 2
If the quatity of money in circulation increases then this situation is called:
Question # 3
Scheduled bank is bound to keep with the Country.
Question # 4
The external value of local currency is stablized through:
Question # 5
Which method or methods are prevailing in Pakistan for issuing notes
Question # 6
State Bank of Pakistan Act is
Question # 7
The central bank works under the rules framed by:
Question # 8
Non -Scheduled banks are formed under.
Question # 9
Central bank provides the following facility to scheduled banks:
Question # 10
Which function does a central bank not perform
Question # 11
In the Presence of Clearing House Scheduled Banks keeps.
Question # 12
The document acquire to convert non -scheduled into scheduled bank
Question # 13
Credit money in the country is controlled by
Question # 14
What is the purpose of monetary policy
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 | Non -Scheduled bank menas a bank which is not registred with. |
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
|
| 2 | 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)
|
| 3 | 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
|
| 4 | Which is the quantitative method of credit control |
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
|
| 5 | The central bank works under the rules framed by: |
A. Government
B. People
C. Different banks
D. All of the above
|
| 6 | Central bank is owned by |
A. Public
B. Government
C. Commercial baks
D. All of the above
|
| 7 | Non- Scheduled banks are formed under co-opeative society Act. |
A. 1932
B. 1925
C. 1984
D. 1911
|
| 8 | Under which Section Scheduled Bank are bond to keep 80% of their Asset in country. |
A. Section 38
B. Section 33
C. Section 37
D. Section 40
|
| 9 | State Bank of Pakistan Act is |
A. 1932
B. 1962
C. 1984
D. 1997
|
| 10 | Central Bank provide the facility to Scheduled Banks. |
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
|
Test Questions
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