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

What is the example of non scheduled bank

Question # 2

Account Suitable for businessmen

Question # 3

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

Question # 4

Cheque book is not use in.

Question # 5

On opening Saving Account the Bank Provide.

Question # 6

No minimum balance limit requried in.

Question # 7

Normally bank does not pay intrest on

Question # 8

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

Question # 9

Over draft facility is provided only on.

Question # 10

It is necessary for scheduled bank to

Question # 11

In Islamic banking overdraft means.

Question # 12

Pass Book is nto issued in.

Question # 13

The other name of credit woucher is.

Question # 14

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

Question # 15

What is the example of Scheduled 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 Card, ATM card and Debit Card are.
A. Metallic money
B. Paper Money
C. Plastic Money
D. Bank Money
2 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
3 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense
4 Any Co.which transact the business of banking in Pakistan.
A. Chartered co.
B. Joint stock co.
C. Banking co.
D. All of these
5 Which of the following banks cannot open its new branch without the permission of central bank
A. Non-scheduled bank
B. Scheduled bank
C. Chartered bank
D. All of the above
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 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

8 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
9 Non-scheduled bank can
A. Deal in foreign exchange
B. Attain the of public confidence
C. Open new branch without permission
D. All the above
10 A Joint Stock company opens the account in the bank.
A. Saving Bank
B. Current Account
C. B.B.A. Account
D. Term Deposit Account

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