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

In moderan Banking introductory reference is not required in.

Question # 2

Which of the following Account willbe non -remuneratation account.

Question # 3

Account Suitable for businessmen

Question # 4

In Pakistan Islamic Banking system was introduced in .

Question # 5

Account suitable for salaried person.

Question # 6

The slip which is used to deposit money into bank account.

Question # 7

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

Question # 8

A Joint Stock company opens the account in the bank.

Question # 9

No minimum balance limit requried in.

Question # 10

Running Finance is also known as.

Question # 11

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

Question # 12

The person who opens an account with the bank is called

Question # 13

Scheduled banks means a bank which is registered with

Question # 14

For customer Money deposited int Bank is.

Question # 15

Account example from Zakat and Tax

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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 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
2 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these
3 A Joint Stock company opens the account in the bank.
A. Saving Bank
B. Current Account
C. B.B.A. Account
D. Term Deposit Account
4 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these
5 Pass Book is nto issued in.
A. Saving Account
B. Fixed Deposit Account
C. BBA Account
D. Current Account
6 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
7 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder
8 Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank
A. Prospectus of bank
B. Copy of bye-laws
C. Audited annual report of bank
D. Certificate of incorporation
9 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
10 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

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