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

No minimum balance limit requried in.

Question # 2

The other name of credit woucher is.

Question # 3

In moderan Banking introductory reference is not required in.

Question # 4

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

Question # 5

In Case of Fixed Deposit the rate of intrest is.

Question # 6

Which of the following Account willbe non -remuneratation account.

Question # 7

Account suitable for salaried person.

Question # 8

Cheque book is not use in.

Question # 9

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

Question # 10

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

Question # 11

Account Suitable for businessmen

Question # 12

Running Finance is also known as.

Question # 13

Credit Card, ATM card and Debit Card are.

Question # 14

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

Question # 15

Who does get the benefit of opening an account in 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 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
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 Pass Book is nto issued in.
A. Saving Account
B. Fixed Deposit Account
C. BBA Account
D. Current Account
5 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
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 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these
8 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense
9 Account Suitable for businessmen
A. Saving account
B. Fixed Account
C. PLS account
D. Current Account
10 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account

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