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5th Chapter

12th Principles of Banking Chapter 5 Test

Here you can prepare 12th Class Principles of Banking Chapter 5 Scheduled & Non Scheduled Banks Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 5 online mcq test with answers for ICom part 2 Principle of Banking Chapter 5 (Scheduled & Non Scheduled Banks)

This online test contains MCQs about following topics:

. Definition of scheduled & non-scheduled bank . Difference between scheduled & non-scheduled bank . Merits of scheduled bank . Procedure to convert non-scheduled . Bank into scheduled bank

ICOM Part 2 Banking Ch 5 Test
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12th class Principle of Banking chapter 5 online mcq test with answers for ICom part 2 Principle of Banking Chapter 5 (Scheduled & Non Scheduled Banks)

Sr. # Questions Answers Choice
1 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
2 It is necessary for scheduled bank to
  • A. Act on the instructions of central bank
  • B. Submit report to central bank
  • C. Get the books checked
  • D. Al the above
3 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
4 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
5 How many merits of scheduled bank
  • A. 12
  • B. 13
  • C. 14
  • D. 15
6 In Case of Fixed Deposit the rate of intrest is.
  • A. Constant
  • B. High
  • C. Low
  • D. None of these
7 In moderan Banking introductory reference is not required in.
  • A. Current account
  • B. Saving Account
  • C. B.B.A. Account
  • D. All these
8 No minimum balance limit requried in.
  • A. Current Account
  • B. Saving Account
  • C. Foreign Account
  • D. B.B.A Account
9 For customer Money deposited int Bank is.
  • A. Liability
  • B. Asset
  • C. Saving and Asset
  • D. Expense
10 Which account is considered a nn transferable account.
  • A. Saving Account
  • B. Current Account
  • C. B.B.A. Account
  • D. Term Deposit Account

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test

H

HASEEB Ali

Lahore02 - Mar - 2024

14/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

13/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

13/15
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H

HASEEB Ali

Lahore02 - Mar - 2024

13/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

13/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

12/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

10/15
01 Mins 30 Sec
A

Abdul Rehman

Lahore04 - May - 2024

10/15
03 Mins 45 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

9/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

9/15
01 Mins 30 Sec
D

Domanto Sports

Lahore04 - May - 2024

9/15
01 Mins 59 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

8/15
01 Mins 30 Sec

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