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

Scheduled banks means a bank which is registered with

Question # 3

Account Suitable for businessmen

Question # 4

For customer Money deposited int Bank is.

Question # 5

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

Question # 6

The person who opens an account with the bank is called

Question # 7

What is the example of non scheduled bank

Question # 8

Who can issue participation term certificates.

Question # 9

Which account is considered a nn transferable account.

Question # 10

The person who opens an account with the bank is called

Question # 11

Over draft facility is provided only on.

Question # 12

Credit Card, ATM card and Debit Card are.

Question # 13

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

Question # 14

A Joint Stock company opens the account in the bank.

Question # 15

Credit cards payment are considered.

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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 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder
2 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
3 In Case of Fixed Deposit the rate of intrest is.
A. Constant
B. High
C. Low
D. None of these
4 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these
5 Which of the following Account willbe non -remuneratation account.
A. Current account
B. Saving Account
C. Fixed Deposit account
D. B.B.A. Account
6 Credit Card, ATM card and Debit Card are.
A. Metallic money
B. Paper Money
C. Plastic Money
D. Bank Money
7 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
8 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these
9 Any Co.which transact the business of banking in Pakistan.
A. Chartered co.
B. Joint stock co.
C. Banking co.
D. All of these
10 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

Test Questions

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