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

Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank

Question # 2

In Islamic banking overdraft means.

Question # 3

The person who opens an account with the bank is called

Question # 4

In Pakistan Islamic Banking system was introduced in .

Question # 5

Over draft facility is provided only on.

Question # 6

For customer Money deposited int Bank is.

Question # 7

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

Question # 8

Account Suitable for businessmen

Question # 9

In financial crises, the central bank issues loan to

Question # 10

Which account is considered a nn transferable account.

Question # 11

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

Question # 12

Who can issue participation term certificates.

Question # 13

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

Question # 14

The person who opens an account with the bank is called

Question # 15

Normally bank does not pay intrest 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 On opening Saving Account the Bank Provide.
A. Pass Book
B. Pay in slip
C. Cheque book
D. All of these
2 Which of the following Account willbe non -remuneratation account.
A. Current account
B. Saving Account
C. Fixed Deposit account
D. B.B.A. Account
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 Pass Book is nto issued in.
A. Saving Account
B. Fixed Deposit Account
C. BBA Account
D. Current Account
5 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
6 Written evidence of depositing money into bank.
A. Cheque book
B. Pay in Slip
C. Pas Book
D. None of these
7 Which account is considered a nn transferable account.
A. Saving Account
B. Current Account
C. B.B.A. Account
D. Term Deposit Account
8 How many merits of scheduled bank
A. 12
B. 13
C. 14
D. 15
9 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
10 Nature of Bank Accounts also help in determining the ratio of.
A. Cash Reserve
B. Capital
C. Partnership
D. None of these

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