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 Pakistan Islamic Banking system was introduced in .

Question # 2

Which of the following Account willbe non -remuneratation account.

Question # 3

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

Question # 4

Which of the following banks performs its functions according to the instructions of central bank

Question # 5

It is necessary for scheduled bank to

Question # 6

Following is an example of Non-Operating Account.

Question # 7

Normally bank does not pay intrest on

Question # 8

The person who opens an account with the bank is called

Question # 9

Amount with drawn from Bank without using cheque.

Question # 10

Running Finance is also known as.

Question # 11

How many merits of scheduled bank

Question # 12

All information of pass book is filled by.

Question # 13

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

Question # 14

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

Question # 15

Over draft facility is provided only on.

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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 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
3 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

4 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
5 In Case of Fixed Deposit the rate of intrest is.
A. Constant
B. High
C. Low
D. None of these
6 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
7 In Pakistan Islamic Banking system was introduced in .
A. 1974
B. 1981
C. 1984
D. None of these
8 On opening Saving Account the Bank Provide.
A. Pass Book
B. Pay in slip
C. Cheque book
D. All of these
9 The following bank can open its branch in foreign country
A. Scheduled bank
B. Non-scheduled bank
C. Both a and b
D. None of the these
10 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these

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