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

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

Start Chapter 5 Test

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

Sr. # Questions Answers Choice
1 Who can issue participation term certificates.
  • A. Firm
  • B. Company
  • C. Cooperative society
  • D. All of these
2 Written evidence of depositing money into bank.
  • A. Cheque book
  • B. Pay in Slip
  • C. Pas Book
  • D. None 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 What is the example of non scheduled bank
  • A. Sindh provincial cooperative bank
  • B. Meezan bank
  • C. Habib bank
  • D. Allied bank
5 Account suitable for salaried person.
  • A. Fixed Deposit account
  • B. Current Account
  • C. Saving Account
  • D. Term Deposit Account
6 The slip which is used to deposit money into bank account.
  • A. Deposit slip
  • B. Pay in slip
  • C. Credit voucher
  • D. All these
7 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
8 Amount with drawn from Bank without using cheque.
  • A. ID Card
  • B. VISA card
  • C. ATM and Debit Card
  • D. Credit Card
9 In Islamic banking overdraft means.
  • A. Debit balance
  • B. Running finance
  • C. Favorable balnce
  • D. Nil Balance
10 Normally bank does not pay intrest on
  • A. Saving Account
  • B. Fixed Deposit Account
  • C. Current Account
  • D. B.B.A. Account

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