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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  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test

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Question # 1

Scheduled banks means a bank which is registered with

Question # 2

The following bank can open its branch in foreign country

Question # 3

Running finance means customer has balance at bank.

Question # 4

On opening Saving Account the Bank Provide.

Question # 5

Account suitable for salaried person.

Question # 6

The person who opens an account with the bank is called

Question # 7

The person who opens an account with the bank is called

Question # 8

How many merits of scheduled bank

Question # 9

A Joint Stock company opens the account in the bank.

Question # 10

Which account is considered a nn transferable account.

Question # 11

All information of pass book is filled by.

Question # 12

The other name of credit woucher is.

Question # 13

What is the example of Scheduled bank

Question # 14

In financial crises, the central bank issues loan to

Question # 15

Written evidence of depositing money into 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 How many merits of scheduled bank
A. 12
B. 13
C. 14
D. 15
2 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
3 On opening Saving Account the Bank Provide.
A. Pass Book
B. Pay in slip
C. Cheque book
D. All of these
4 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
5 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder
6 Scheduled banks means a bank which is registered with
A. Stock exchange
B. Central bank
C. World bank
D. All of the above
7 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt
8 No minimum balance limit requried in.
A. Current Account
B. Saving Account
C. Foreign Account
D. B.B.A Account
9 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
10 What is the example of non scheduled bank
A. Sindh provincial cooperative bank
B. Meezan bank
C. Habib bank
D. Allied bank

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