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

Account suitable for salaried person.

Question # 2

No minimum balance limit requried in.

Question # 3

Running Finance is also known as.

Question # 4

Credit Card, ATM card and Debit Card are.

Question # 5

Which of the following banks performs its functions according to the instructions of central bank

Question # 6

A Joint Stock company opens the account in the bank.

Question # 7

Which of the following Account willbe non -remuneratation account.

Question # 8

Normally bank does not pay intrest on

Question # 9

What is the example of non scheduled bank

Question # 10

Cheque book is not use in.

Question # 11

The person who opens an account with the bank is called

Question # 12

Who can issue participation term certificates.

Question # 13

The person who opens an account with the bank is called

Question # 14

How many merits of scheduled bank

Question # 15

It is necessary for scheduled bank to

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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 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these
2 What percentage of total assets a scheduled bank is bound to keep within the country
A. 60%
B. 70%
C. 80%
D. 90%
3 Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank
A. Prospectus of bank
B. Copy of bye-laws
C. Audited annual report of bank
D. Certificate of incorporation
4 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
5 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
6 Scheduled banks means a bank which is registered with
A. Stock exchange
B. Central bank
C. World bank
D. All of the above
7 Nature of Bank Accounts also help in determining the ratio of.
A. Cash Reserve
B. Capital
C. Partnership
D. None of these
8 The slip which is used to deposit money into bank account.
A. Deposit slip
B. Pay in slip
C. Credit voucher
D. All these
9 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card
10 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note

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