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

Running Finance is also known as.

Question # 2

The other name of credit woucher is.

Question # 3

The person who opens an account with the bank is called

Question # 4

The person who opens an account with the bank is called

Question # 5

Which of the following Account willbe non -remuneratation account.

Question # 6

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

Question # 7

In Case of Fixed Deposit the rate of intrest is.

Question # 8

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

Question # 9

In Pakistan Islamic Banking system was introduced in .

Question # 10

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

Question # 11

The person who opens an account with the bank is called

Question # 12

Who can issue participation term certificates.

Question # 13

Running finance means customer has balance at bank.

Question # 14

Pass Book is nto issued in.

Question # 15

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

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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 What is the example of non scheduled bank
A. Sindh provincial cooperative bank
B. Meezan bank
C. Habib bank
D. Allied bank
2 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
3 Account suitable for salaried person.
A. Fixed Deposit account
B. Current Account
C. Saving Account
D. Term Deposit Account
4 Scheduled banks means a bank which is registered with
A. Stock exchange
B. Central bank
C. World bank
D. All of the above
5 Which of the following banks performs its functions according to the instructions of central bank
A. Foreign bank
B. Scheduled bank
C. Non-scheduled bank
D. All the above
6 Normally bank does not pay intrest on
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. B.B.A. Account
7 Scheduled bank keeps a certain amount of its deposits with central bank as
A. Reserve capital
B. Bank rate
C. Subscribed capital
D. Authorized capital
8 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
9 No minimum balance limit requried in.
A. Current Account
B. Saving Account
C. Foreign Account
D. B.B.A Account
10 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

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