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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  • Total Questions15

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

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Question # 1

All information of pass book is filled by.

Question # 2

Which of the following Account willbe non -remuneratation account.

Question # 3

What is the example of Scheduled bank

Question # 4

Parties involved in cheque.

Question # 5

Who does get the benefit of opening an account in bank.

Question # 6

Cheque book is not use in.

Question # 7

Nature of Bank Accounts also help in determining the ratio of.

Question # 8

The following bank can open its branch in foreign country

Question # 9

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

Question # 10

Scheduled bank is registered under state bank of Pakistan Act

Question # 11

Pass Book is nto issued in.

Question # 12

Scheduled banks means a bank which is registered with

Question # 13

No minimum balance limit requried in.

Question # 14

Credit cards payment are considered.

Question # 15

Which of the following banks cannot open its new branch without the permission of central bank

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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 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these
2 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
3 The following bank can open its branch in foreign country
A. Scheduled bank
B. Non-scheduled bank
C. Both a and b
D. None of the these
4 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
5 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
6 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
7 Written evidence of depositing money into bank.
A. Cheque book
B. Pay in Slip
C. Pas Book
D. None of these
8 How many merits of scheduled bank
A. 12
B. 13
C. 14
D. 15
9 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
10 What percentage of total assets a scheduled bank is bound to keep within the country
A. 60%
B. 70%
C. 80%
D. 90%

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