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 is registered under state bank of Pakistan Act

Question # 2

Non-scheduled bank can

Question # 3

All information of pass book is filled by.

Question # 4

Account Suitable for businessmen

Question # 5

The person who opens an account with the bank is called

Question # 6

Pass Book is nto issued in.

Question # 7

Credit Card, ATM card and Debit Card are.

Question # 8

In Case of Fixed Deposit the rate of intrest is.

Question # 9

Running Finance is also known as.

Question # 10

In Islamic banking overdraft means.

Question # 11

Credit cards payment are considered.

Question # 12

Normally bank does not pay intrest on

Question # 13

Who can issue participation term certificates.

Question # 14

For customer Money deposited int Bank is.

Question # 15

No minimum balance limit requried in.

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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 Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
2 The slip which is used to deposit money into bank account.
A. Deposit slip
B. Pay in slip
C. Credit voucher
D. All these
3 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above
4 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
5 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
6 Normally bank does not pay intrest on
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. B.B.A. Account
7 Any Co.which transact the business of banking in Pakistan.
A. Chartered co.
B. Joint stock co.
C. Banking co.
D. All of these
8 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense
9 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
10 Scheduled bank is registered under state bank of Pakistan Act
A. 1965
B. 1956
C. 1950
D. None of the above

Test Questions

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