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

How many merits of scheduled bank

Question # 2

The person who opens an account with the bank is called

Question # 3

Normally bank does not pay intrest on

Question # 4

In Pakistan Islamic Banking system was introduced in .

Question # 5

What is the example of non scheduled bank

Question # 6

Who can issue participation term certificates.

Question # 7

All information of pass book is filled by.

Question # 8

In Islamic banking overdraft means.

Question # 9

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

Question # 10

It is necessary for scheduled bank to

Question # 11

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

Question # 12

Which account is considered a nn transferable account.

Question # 13

Non-scheduled bank can

Question # 14

Credit Card, ATM card and Debit Card are.

Question # 15

The following bank can open its branch in foreign country

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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 suitable for salaried person.
A. Fixed Deposit account
B. Current Account
C. Saving Account
D. Term Deposit Account
2 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt
3 Pass Book is nto issued in.
A. Saving Account
B. Fixed Deposit Account
C. BBA Account
D. Current Account
4 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
5 Account Suitable for businessmen
A. Saving account
B. Fixed Account
C. PLS account
D. Current Account
6 Any Co.which transact the business of banking in Pakistan.
A. Chartered co.
B. Joint stock co.
C. Banking co.
D. All of these
7 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these
8 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense
9 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
10 What percentage of total assets a scheduled bank is bound to keep within the country
A. 60%
B. 70%
C. 80%
D. 90%

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