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

Another name of fixed deposit receipt is.

Question # 2

Credit cards payment are considered.

Question # 3

Which account is considered a nn transferable account.

Question # 4

Which of the following Account willbe non -remuneratation account.

Question # 5

Written evidence of depositing money into bank.

Question # 6

The person who opens an account with the bank is called

Question # 7

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

Question # 8

All information of pass book is filled by.

Question # 9

The person who opens an account with the bank is called

Question # 10

Nature of Bank Accounts also help in determining the ratio of.

Question # 11

No minimum balance limit requried in.

Question # 12

Credit Card, ATM card and Debit Card are.

Question # 13

Parties involved in cheque.

Question # 14

Account Suitable for businessmen

Question # 15

Non-scheduled bank can

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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 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these
2 Which of the following Account willbe non -remuneratation account.
A. Current account
B. Saving Account
C. Fixed Deposit account
D. B.B.A. Account
3 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
4 Scheduled bank keeps a certain amount of its deposits with central bank as
A. Reserve capital
B. Bank rate
C. Subscribed capital
D. Authorized capital
5 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
6 Parties involved in cheque.
A. Account Holder
B. Bank
C. Payee
D. All these
7 the loans which cna be demanded back by bank at any time are called.
A. Short term loans
B. Overdrats
C. Demand loans
D. Running Finance
8 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
9 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
10 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note

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