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

For customer Money deposited int Bank is.

Question # 2

Running finance means customer has balance at bank.

Question # 3

What is the example of Scheduled bank

Question # 4

Scheduled banks means a bank which is registered with

Question # 5

Which account is considered a nn transferable account.

Question # 6

In moderan Banking introductory reference is not required in.

Question # 7

the loans which cna be demanded back by bank at any time are called.

Question # 8

Which of the following Account willbe non -remuneratation account.

Question # 9

The following bank can open its branch in foreign country

Question # 10

Cheque book is not use in.

Question # 11

Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank

Question # 12

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

Question # 13

All information of pass book is filled by.

Question # 14

No minimum balance limit requried in.

Question # 15

In Islamic banking overdraft means.

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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 Parties involved in cheque.
A. Account Holder
B. Bank
C. Payee
D. All these
3 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense
4 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

5 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
6 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
7 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
8 Which of the following Account willbe non -remuneratation account.
A. Current account
B. Saving Account
C. Fixed Deposit account
D. B.B.A. Account
9 Which account is considered a nn transferable account.
A. Saving Account
B. Current Account
C. B.B.A. Account
D. Term Deposit 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%

Test Questions

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