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 following bank can open its branch in foreign country

Question # 3

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

Question # 4

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

Question # 5

What is the example of non scheduled bank

Question # 6

In financial crises, the central bank issues loan to

Question # 7

Who does get the benefit of opening an account in bank.

Question # 8

No minimum balance limit requried in.

Question # 9

Who can issue participation term certificates.

Question # 10

Which of the following Account willbe non -remuneratation account.

Question # 11

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

Question # 12

What is the example of Scheduled bank

Question # 13

A Joint Stock company opens the account in the bank.

Question # 14

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

Question # 15

The person who opens an account with the bank is called

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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 Pass Book is nto issued in.
A. Saving Account
B. Fixed Deposit Account
C. BBA Account
D. Current Account
2 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
3 In Pakistan Islamic Banking system was introduced in .
A. 1974
B. 1981
C. 1984
D. None of these
4 Which of the following Account willbe non -remuneratation account.
A. Current account
B. Saving Account
C. Fixed Deposit account
D. B.B.A. Account
5 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card
6 How many merits of scheduled bank
A. 12
B. 13
C. 14
D. 15
7 Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank
A. Prospectus of bank
B. Copy of bye-laws
C. Audited annual report of bank
D. Certificate of incorporation
8 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
9 Credit Card, ATM card and Debit Card are.
A. Metallic money
B. Paper Money
C. Plastic Money
D. Bank Money
10 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these

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