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

What is the example of non scheduled bank

Question # 2

Account example from Zakat and Tax

Question # 3

In moderan Banking introductory reference is not required in.

Question # 4

Amount with drawn from Bank without using cheque.

Question # 5

Another name of fixed deposit receipt is.

Question # 6

The following bank can open its branch in foreign country

Question # 7

On opening Saving Account the Bank Provide.

Question # 8

Written evidence of depositing money into bank.

Question # 9

It is necessary for scheduled bank to

Question # 10

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

Question # 11

Account suitable for salaried person.

Question # 12

Pass Book is nto issued in.

Question # 13

A Joint Stock company opens the account in the bank.

Question # 14

For customer Money deposited int Bank is.

Question # 15

Normally bank does not pay intrest on

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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 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above
2 Non-scheduled bank can
A. Deal in foreign exchange
B. Attain the of public confidence
C. Open new branch without permission
D. All the above
3 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
4 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
5 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

6 Parties involved in cheque.
A. Account Holder
B. Bank
C. Payee
D. All these
7 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
8 Scheduled bank is registered under state bank of Pakistan Act
A. 1965
B. 1956
C. 1950
D. None of the above
9 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these
10 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

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