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

Who does get the benefit of opening an account in bank.

Question # 2

The person who opens an account with the bank is called

Question # 3

Non-scheduled bank can

Question # 4

Over draft facility is provided only on.

Question # 5

Pass Book is nto issued in.

Question # 6

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

Question # 7

Scheduled bank is registered under state bank of Pakistan Act

Question # 8

The following bank can open its branch in foreign country

Question # 9

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

Question # 10

Who can issue participation term certificates.

Question # 11

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

Question # 12

On opening Saving Account the Bank Provide.

Question # 13

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

Question # 14

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

Question # 15

Cheque book is not use in.

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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 other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
2 No minimum balance limit requried in.
A. Current Account
B. Saving Account
C. Foreign Account
D. B.B.A Account
3 Which account is considered a nn transferable account.
A. Saving Account
B. Current Account
C. B.B.A. Account
D. Term Deposit Account
4 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder
5 In Pakistan Islamic Banking system was introduced in .
A. 1974
B. 1981
C. 1984
D. None of these
6 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
7 Credit Card, ATM card and Debit Card are.
A. Metallic money
B. Paper Money
C. Plastic Money
D. Bank Money
8 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card
9 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
10 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account

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