12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 5 (Scheduled & Non Scheduled Banks)

ICOM Part 2 English Medium Principles of Banking Chapter 5 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test

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Question # 1

Running Finance is also known as.

Question # 2

Written evidence of depositing money into bank.

Question # 3

Which account is considered a nn transferable account.

Question # 4

Scheduled banks means a bank which is registered with

Question # 5

How many merits of scheduled bank

Question # 6

The following bank can open its branch in foreign country

Question # 7

Any Co.which transact the business of banking in Pakistan.

Question # 8

In Case of Fixed Deposit the rate of intrest is.

Question # 9

Scheduled bank keeps a certain amount of its deposits with central bank as

Question # 10

It is necessary for scheduled bank to

Question # 11

What percentage of total assets a scheduled bank is bound to keep within the country

Question # 12

Who can issue participation term certificates.

Question # 13

Central bank does not provide the following facility to non-scheduled bank

Question # 14

The person who opens an account with the bank is called

Question # 15

The person who opens an account with the bank is called

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ICOM Part 2 English Medium Principles of Banking Chapter 5 MCQ's Test

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 Scheduled bank keeps a certain amount of its deposits with central bank as
A. Reserve capital
B. Bank rate
C. Subscribed capital
D. Authorized capital
2 Account suitable for salaried person.
A. Fixed Deposit account
B. Current Account
C. Saving Account
D. Term Deposit Account
3 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
4 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
5 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card
6 What is the example of non scheduled bank
A. Sindh provincial cooperative bank
B. Meezan bank
C. Habib bank
D. Allied bank
7 Parties involved in cheque.
A. Account Holder
B. Bank
C. Payee
D. All these
8 The person who opens an account with the bank is called
A. Employee of bank
B. Customer of bank
C. Account holder of bank
D. Owner of bank
9 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
10 The person who opens an account with the bank is called
A. Employee of bank
B. Customer of bank
C. Account holder of bank
D. Owner of bank

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