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

The person who opens an account with the bank is called

Question # 2

On opening Saving Account the Bank Provide.

Question # 3

In Pakistan Islamic Banking system was introduced in .

Question # 4

What percentage of total assets a scheduled bank is bound to keep within the country

Question # 5

Account Suitable for businessmen

Question # 6

What is the example of Scheduled bank

Question # 7

In Case of Fixed Deposit the rate of intrest is.

Question # 8

Cheque book is not use in.

Question # 9

Over draft facility is provided only on.

Question # 10

Credit Card, ATM card and Debit Card are.

Question # 11

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

Question # 12

Which account is considered a nn transferable account.

Question # 13

the loans which cna be demanded back by bank at any time are called.

Question # 14

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

Question # 15

Running finance means customer has balance at bank.

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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 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
3 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
4 No minimum balance limit requried in.
A. Current Account
B. Saving Account
C. Foreign Account
D. B.B.A Account
5 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these
6 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
7 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
8 Nature of Bank Accounts also help in determining the ratio of.
A. Cash Reserve
B. Capital
C. Partnership
D. None of these
9 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these
10 Normally bank does not pay intrest on
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. B.B.A. Account

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