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

Which account is considered a nn transferable account.

Question # 2

Central bank does not provide the following facility to non-scheduled bank

Question # 3

Over draft facility is provided only on.

Question # 4

Account example from Zakat and Tax

Question # 5

Normally bank does not pay intrest on

Question # 6

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

Question # 7

Scheduled bank is registered under state bank of Pakistan Act

Question # 8

Credit Card, ATM card and Debit Card are.

Question # 9

How many merits of scheduled bank

Question # 10

What is the example of non scheduled bank

Question # 11

In moderan Banking introductory reference is not required in.

Question # 12

Written evidence of depositing money into bank.

Question # 13

The person who opens an account with the bank is called

Question # 14

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

Question # 15

Account suitable for salaried person.

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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 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
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 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 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

5 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder
6 On opening Saving Account the Bank Provide.
A. Pass Book
B. Pay in slip
C. Cheque book
D. All of these
7 What is the example of non scheduled bank
A. Sindh provincial cooperative bank
B. Meezan bank
C. Habib bank
D. Allied bank
8 Credit Card, ATM card and Debit Card are.
A. Metallic money
B. Paper Money
C. Plastic Money
D. Bank Money
9 Running finance means customer has balance at bank.
A. Debit Balance
B. Credit Balance
C. Favorable balance
D. None of these
10 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card

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