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

Account suitable for salaried person.

Question # 2

Which account is considered a nn transferable account.

Question # 3

Normally bank does not pay intrest on

Question # 4

What is the example of non scheduled bank

Question # 5

Over draft facility is provided only on.

Question # 6

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

Question # 7

What percentage of total assets a scheduled bank is bound to keep within the country

Question # 8

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

Question # 9

Running finance means customer has balance at bank.

Question # 10

Which of the following Account willbe non -remuneratation account.

Question # 11

the loans which cna be demanded back by bank at any time are called.

Question # 12

How many merits of scheduled bank

Question # 13

The person who opens an account with the bank is called

Question # 14

In Pakistan Islamic Banking system was introduced in .

Question # 15

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

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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 Any Co.which transact the business of banking in Pakistan.
A. Chartered co.
B. Joint stock co.
C. Banking co.
D. All of these
2 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
3 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
4 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
5 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
6 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
7 In Case of Fixed Deposit the rate of intrest is.
A. Constant
B. High
C. Low
D. None of these
8 Normally bank does not pay intrest on
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. B.B.A. Account
9 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt
10 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above

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