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

On opening Saving Account the Bank Provide.

Question # 2

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

Question # 3

Account suitable for salaried person.

Question # 4

Parties involved in cheque.

Question # 5

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

Question # 6

Cheque book is not use in.

Question # 7

Which account is considered a nn transferable account.

Question # 8

For customer Money deposited int Bank is.

Question # 9

What is the example of Scheduled bank

Question # 10

Account Suitable for businessmen

Question # 11

In Case of Fixed Deposit the rate of intrest is.

Question # 12

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

Question # 13

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

Question # 14

Amount with drawn from Bank without using cheque.

Question # 15

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

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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 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All 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 Parties involved in cheque.
A. Account Holder
B. Bank
C. Payee
D. All these
4 How many merits of scheduled bank
A. 12
B. 13
C. 14
D. 15
5 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
6 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
7 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

8 No minimum balance limit requried in.
A. Current Account
B. Saving Account
C. Foreign Account
D. B.B.A Account
9 Running finance means customer has balance at bank.
A. Debit Balance
B. Credit Balance
C. Favorable balance
D. None of these
10 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these

Test Questions

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