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 account is considered a nn transferable account.

Question # 2

In moderan Banking introductory reference is not required in.

Question # 3

Over draft facility is provided only on.

Question # 4

In Islamic banking overdraft means.

Question # 5

In Case of Fixed Deposit the rate of intrest is.

Question # 6

Non-scheduled bank can

Question # 7

Account suitable for salaried person.

Question # 8

The following bank can open its branch in foreign country

Question # 9

What is the example of non scheduled bank

Question # 10

Who can issue participation term certificates.

Question # 11

Parties involved in cheque.

Question # 12

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

Question # 13

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

Question # 14

Which of the following banks cannot open its new branch without the permission of central bank

Question # 15

No minimum balance limit requried in.

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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 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
2 What percentage of total assets a scheduled bank is bound to keep within the country
A. 60%
B. 70%
C. 80%
D. 90%
3 Which of the following banks cannot open its new branch without the permission of central bank
A. Non-scheduled bank
B. Scheduled bank
C. Chartered bank
D. All of the above
4 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
5 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these
6 On opening Saving Account the Bank Provide.
A. Pass Book
B. Pay in slip
C. Cheque book
D. All of these
7 Written evidence of depositing money into bank.
A. Cheque book
B. Pay in Slip
C. Pas Book
D. None of these
8 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
9 Which of the following banks performs its functions according to the instructions of central bank
A. Foreign bank
B. Scheduled bank
C. Non-scheduled bank
D. All the above
10 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

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