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

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

Question # 2

The following bank can open its branch in foreign country

Question # 3

Running Finance is also known as.

Question # 4

Over draft facility is provided only on.

Question # 5

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

Question # 6

In Pakistan Islamic Banking system was introduced in .

Question # 7

All information of pass book is filled by.

Question # 8

Account Suitable for businessmen

Question # 9

In financial crises, the central bank issues loan to

Question # 10

In moderan Banking introductory reference is not required in.

Question # 11

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

Question # 12

In Case of Fixed Deposit the rate of intrest is.

Question # 13

Written evidence of depositing money into bank.

Question # 14

On opening Saving Account the Bank Provide.

Question # 15

Scheduled banks means a bank which is registered with

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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 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card
2 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
3 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
4 The slip which is used to deposit money into bank account.
A. Deposit slip
B. Pay in slip
C. Credit voucher
D. All these
5 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

6 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
7 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
8 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
9 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt
10 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above

Test Questions

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