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

Credit Card, ATM card and Debit Card are.

Question # 3

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

Question # 4

Parties involved in cheque.

Question # 5

Another name of fixed deposit receipt is.

Question # 6

Account Suitable for businessmen

Question # 7

On opening Saving Account the Bank Provide.

Question # 8

All information of pass book is filled by.

Question # 9

The person who opens an account with the bank is called

Question # 10

Running finance means customer has balance at bank.

Question # 11

The following bank can open its branch in foreign country

Question # 12

In Case of Fixed Deposit the rate of intrest is.

Question # 13

Amount with drawn from Bank without using cheque.

Question # 14

Account suitable for salaried person.

Question # 15

Which document is demanded by central bank for the conversion of non-scheduled bank into 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 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card
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 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

4 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above
5 The slip which is used to deposit money into bank account.
A. Deposit slip
B. Pay in slip
C. Credit voucher
D. All these
6 Running finance means customer has balance at bank.
A. Debit Balance
B. Credit Balance
C. Favorable balance
D. None of these
7 What is the example of non scheduled bank
A. Sindh provincial cooperative bank
B. Meezan bank
C. Habib bank
D. Allied bank
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 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt
10 Written evidence of depositing money into bank.
A. Cheque book
B. Pay in Slip
C. Pas Book
D. None of these

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