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

Credit Card, ATM card and Debit Card are.

Question # 2

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

Question # 3

What is the example of non scheduled bank

Question # 4

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

Question # 5

All information of pass book is filled by.

Question # 6

The person who opens an account with the bank is called

Question # 7

The other name of credit woucher is.

Question # 8

Account Suitable for businessmen

Question # 9

The following bank can open its branch in foreign country

Question # 10

Amount with drawn from Bank without using cheque.

Question # 11

Non-scheduled bank can

Question # 12

Who can issue participation term certificates.

Question # 13

Over draft facility is provided only on.

Question # 14

What is the example of Scheduled bank

Question # 15

Which account is considered a nn transferable account.

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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 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
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 What percentage of total assets a scheduled bank is bound to keep within the country
A. 60%
B. 70%
C. 80%
D. 90%
4 No minimum balance limit requried in.
A. Current Account
B. Saving Account
C. Foreign Account
D. B.B.A Account
5 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
6 Nature of Bank Accounts also help in determining the ratio of.
A. Cash Reserve
B. Capital
C. Partnership
D. None of these
7 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above
8 Any Co.which transact the business of banking in Pakistan.
A. Chartered co.
B. Joint stock co.
C. Banking co.
D. All of these
9 What is the example of non scheduled bank
A. Sindh provincial cooperative bank
B. Meezan bank
C. Habib bank
D. Allied bank
10 What is the example of Scheduled bank
A. Habib bank Ltd.
B. Allied bank Ltd. in Pakistan
C. Both a and b
D. None of these

Test Questions

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