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

  • Time Allowed20

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

No minimum balance limit requried in.

Question # 3

What is the example of non scheduled bank

Question # 4

Scheduled banks means a bank which is registered with

Question # 5

The slip which is used to deposit money into bank account.

Question # 6

The following bank can open its branch in foreign country

Question # 7

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

Question # 8

Another name of fixed deposit receipt is.

Question # 9

Account Suitable for businessmen

Question # 10

The person who opens an account with the bank is called

Question # 11

Parties involved in cheque.

Question # 12

Who can issue participation term certificates.

Question # 13

Written evidence of depositing money into bank.

Question # 14

In Case of Fixed Deposit the rate of intrest is.

Question # 15

The other name of credit woucher is.

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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 Credit Card, ATM card and Debit Card are.
A. Metallic money
B. Paper Money
C. Plastic Money
D. Bank Money
2 How many merits of scheduled bank
A. 12
B. 13
C. 14
D. 15
3 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt
4 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
5 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
6 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
7 Scheduled banks means a bank which is registered with
A. Stock exchange
B. Central bank
C. World bank
D. All of the above
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 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
10 The following bank can open its branch in foreign country
A. Scheduled bank
B. Non-scheduled bank
C. Both a and b
D. None of the these

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