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

Question # 2

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

Question # 3

Running finance means customer has balance at bank.

Question # 4

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

Question # 5

Which of the following banks cannot open its new branch without the permission of central bank

Question # 6

In financial crises, the central bank issues loan to

Question # 7

For customer Money deposited int Bank is.

Question # 8

The person who opens an account with the bank is called

Question # 9

Pass Book is nto issued in.

Question # 10

Normally bank does not pay intrest on

Question # 11

Which account is considered a nn transferable account.

Question # 12

Over draft facility is provided only on.

Question # 13

On opening Saving Account the Bank Provide.

Question # 14

All information of pass book is filled by.

Question # 15

Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled 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 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder
2 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
3 What percentage of total assets a scheduled bank is bound to keep within the country
A. 60%
B. 70%
C. 80%
D. 90%
4 What is the example of Scheduled bank
A. Habib bank Ltd.
B. Allied bank Ltd. in Pakistan
C. Both a and b
D. None of these
5 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
6 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
7 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these
8 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
9 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
10 It is necessary for scheduled bank to
A. Act on the instructions of central bank
B. Submit report to central bank
C. Get the books checked
D. Al the above

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