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

How many merits of scheduled bank

Question # 2

Nature of Bank Accounts also help in determining the ratio of.

Question # 3

Credit cards payment are considered.

Question # 4

Scheduled banks means a bank which is registered with

Question # 5

A Joint Stock company opens the account in the bank.

Question # 6

In financial crises, the central bank issues loan to

Question # 7

Following is an example of Non-Operating Account.

Question # 8

Running finance means customer has balance at bank.

Question # 9

It is necessary for scheduled bank to

Question # 10

Another name of fixed deposit receipt is.

Question # 11

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

Question # 12

Which of the following Account willbe non -remuneratation account.

Question # 13

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

Question # 14

Normally bank does not pay intrest on

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 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these
2 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
3 Central bank does not provide the following facility to non-scheduled bank
A. Rediscounting of bills
B. Clearing house
C. Transfer of money
D. All the above
4 Which of the following Account willbe non -remuneratation account.
A. Current account
B. Saving Account
C. Fixed Deposit account
D. B.B.A. Account
5 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
6 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
7 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder
8 Which account is considered a nn transferable account.
A. Saving Account
B. Current Account
C. B.B.A. Account
D. Term Deposit Account
9 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above
10 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

Test Questions

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