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

Following is an example of Non-Operating Account.

Question # 2

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

Question # 3

Which account is considered a nn transferable account.

Question # 4

All information of pass book is filled by.

Question # 5

Pass Book is nto issued in.

Question # 6

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

Question # 7

Non-scheduled bank can

Question # 8

The following bank can open its branch in foreign country

Question # 9

Which of the following banks cannot open its new branch without the permission of central bank

Question # 10

Credit cards payment are considered.

Question # 11

The person who opens an account with the bank is called

Question # 12

Scheduled bank keeps a certain amount of its deposits with central bank as

Question # 13

Written evidence of depositing money into bank.

Question # 14

What is the example of Scheduled bank

Question # 15

Account Suitable for businessmen

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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 Any Co.which transact the business of banking in Pakistan.
A. Chartered co.
B. Joint stock co.
C. Banking co.
D. All of these
2 Parties involved in cheque.
A. Account Holder
B. Bank
C. Payee
D. All these
3 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
4 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
5 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
6 In Case of Fixed Deposit the rate of intrest is.
A. Constant
B. High
C. Low
D. None of these
7 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card
8 Account suitable for salaried person.
A. Fixed Deposit account
B. Current Account
C. Saving Account
D. Term Deposit Account
9 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these
10 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these

Test Questions

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