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

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

Question # 2

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

Question # 3

Another name of fixed deposit receipt is.

Question # 4

Running finance means customer has balance at bank.

Question # 5

In Case of Fixed Deposit the rate of intrest is.

Question # 6

Account example from Zakat and Tax

Question # 7

The other name of credit woucher is.

Question # 8

The following bank can open its branch in foreign country

Question # 9

It is necessary for scheduled bank to

Question # 10

What is the example of Scheduled bank

Question # 11

In moderan Banking introductory reference is not required in.

Question # 12

Over draft facility is provided only on.

Question # 13

Which account is considered a nn transferable account.

Question # 14

The person who opens an account with the bank is called

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 No minimum balance limit requried in.
A. Current Account
B. Saving Account
C. Foreign Account
D. B.B.A Account
2 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these
3 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
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 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 On opening Saving Account the Bank Provide.
A. Pass Book
B. Pay in slip
C. Cheque book
D. All of these
7 How many merits of scheduled bank
A. 12
B. 13
C. 14
D. 15
8 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above
9 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
10 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card

Test Questions

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