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

For customer Money deposited int Bank is.

Question # 2

In financial crises, the central bank issues loan to

Question # 3

Scheduled banks means a bank which is registered with

Question # 4

The other name of credit woucher is.

Question # 5

Cheque book is not use in.

Question # 6

Credit Card, ATM card and Debit Card are.

Question # 7

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

Question # 8

Scheduled bank is registered under state bank of Pakistan Act

Question # 9

Who does get the benefit of opening an account in bank.

Question # 10

Non-scheduled bank can

Question # 11

Written evidence of depositing money into bank.

Question # 12

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

Question # 13

Pass Book is nto issued in.

Question # 14

In Islamic banking overdraft means.

Question # 15

What is the example of non 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 Scheduled banks means a bank which is registered with
A. Stock exchange
B. Central bank
C. World bank
D. All of the above
2 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
3 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
4 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
5 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt
6 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
7 On opening Saving Account the Bank Provide.
A. Pass Book
B. Pay in slip
C. Cheque book
D. All of these
8 No minimum balance limit requried in.
A. Current Account
B. Saving Account
C. Foreign Account
D. B.B.A Account
9 Which of the following banks cannot open its new branch without the permission of central bank
A. Non-scheduled bank
B. Scheduled bank
C. Chartered bank
D. All of the above
10 Scheduled bank is registered under state bank of Pakistan Act
A. 1965
B. 1956
C. 1950
D. None of the above

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