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

What is the example of Scheduled bank

Question # 2

In financial crises, the central bank issues loan to

Question # 3

Parties involved in cheque.

Question # 4

Who can issue participation term certificates.

Question # 5

In Case of Fixed Deposit the rate of intrest is.

Question # 6

Any Co.which transact the business of banking in Pakistan.

Question # 7

Pass Book is nto issued in.

Question # 8

In moderan Banking introductory reference is not required in.

Question # 9

For customer Money deposited int Bank is.

Question # 10

In Pakistan Islamic Banking system was introduced in .

Question # 11

Scheduled banks means a bank which is registered with

Question # 12

How many merits of scheduled bank

Question # 13

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

Question # 14

Following is an example of Non-Operating Account.

Question # 15

All information of pass book is filled by.

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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 It is necessary for scheduled bank to
A. Act on the instructions of central bank
B. Submit report to central bank
C. Get the books checked
D. Al the above
2 Which account is considered a nn transferable account.
A. Saving Account
B. Current Account
C. B.B.A. Account
D. Term Deposit Account
3 Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank
A. Prospectus of bank
B. Copy of bye-laws
C. Audited annual report of bank
D. Certificate of incorporation
4 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
5 How many merits of scheduled bank
A. 12
B. 13
C. 14
D. 15
6 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these
7 Account Suitable for businessmen
A. Saving account
B. Fixed Account
C. PLS account
D. Current Account
8 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
9 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these
10 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these

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