12th class Principle of Banking chapter 5 online mcq test with answers for ICom part 2 Principle of Banking Chapter 5 (Scheduled & Non Scheduled Banks)

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Sr.#	Question	Answer
1	Account suitable for salaried person.	A. Fixed Deposit account B. Current Account C. Saving Account D. Term Deposit Account
2	Scheduled bank is registered under state bank of Pakistan Act	A. 1965 B. 1956 C. 1950 D. None of the above
3	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
4	What is the example of non scheduled bank	A. Sindh provincial cooperative bank B. Meezan bank C. Habib bank D. Allied bank
5	Who does get the benefit of opening an account in bank.	A. Bank B. Account Holder C. Government D. All these
6	Credit cards payment are considered.	A. Credit payment B. Cash Payment C. Both a and b D. None of these
7	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
8	Scheduled banks means a bank which is registered with	A. Stock exchange B. Central bank C. World bank D. All of the above
9	Central bank does not provide the following facility to non-scheduled bank	A. Rediscounting of bills B. Clearing house C. Transfer of money D. All the above
10	The other name of credit woucher is.	A. Credit note B. Cash credit C. pay in slip D. Debit note