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

Which of the following banks performs its functions according to the instructions of central bank

Question # 2

Which account is considered a nn transferable account.

Question # 3

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

Question # 4

The following bank can open its branch in foreign country

Question # 5

It is necessary for scheduled bank to

Question # 6

Who can issue participation term certificates.

Question # 7

Running finance means customer has balance at bank.

Question # 8

Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank

Question # 9

In Pakistan Islamic Banking system was introduced in .

Question # 10

For customer Money deposited int Bank is.

Question # 11

Non-scheduled bank can

Question # 12

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

Question # 13

Amount with drawn from Bank without using cheque.

Question # 14

What is the example of non scheduled bank

Question # 15

In financial crises, the central bank issues loan to

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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 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these
2 Which of the following Account willbe non -remuneratation account.
A. Current account
B. Saving Account
C. Fixed Deposit account
D. B.B.A. Account
3 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these
4 Scheduled banks means a bank which is registered with
A. Stock exchange
B. Central bank
C. World bank
D. All of the above
5 Normally bank does not pay intrest on
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. B.B.A. Account
6 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
7 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
8 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
9 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
10 Non-scheduled bank can
A. Deal in foreign exchange
B. Attain the of public confidence
C. Open new branch without permission
D. All the above

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