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

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

Question # 2

Credit Card, ATM card and Debit Card are.

Question # 3

The following bank can open its branch in foreign country

Question # 4

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

Question # 5

Written evidence of depositing money into bank.

Question # 6

It is necessary for scheduled bank to

Question # 7

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

Question # 8

Running Finance is also known as.

Question # 9

Over draft facility is provided only on.

Question # 10

In moderan Banking introductory reference is not required in.

Question # 11

Who can issue participation term certificates.

Question # 12

Non-scheduled bank can

Question # 13

The other name of credit woucher is.

Question # 14

A Joint Stock company opens the account in the bank.

Question # 15

Amount with drawn from Bank without using cheque.

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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 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
2 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense
3 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
4 Which account is considered a nn transferable account.
A. Saving Account
B. Current Account
C. B.B.A. Account
D. Term Deposit Account
5 Scheduled bank is registered under state bank of Pakistan Act
A. 1965
B. 1956
C. 1950
D. None of the above
6 Credit Card, ATM card and Debit Card are.
A. Metallic money
B. Paper Money
C. Plastic Money
D. Bank Money
7 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
8 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
9 In Pakistan Islamic Banking system was introduced in .
A. 1974
B. 1981
C. 1984
D. None of these
10 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

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