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

Account Suitable for businessmen

Question # 2

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

Question # 3

Over draft facility is provided only on.

Question # 4

In moderan Banking introductory reference is not required in.

Question # 5

All information of pass book is filled by.

Question # 6

Running finance means customer has balance at bank.

Question # 7

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

Question # 8

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

Question # 9

No minimum balance limit requried in.

Question # 10

It is necessary for scheduled bank to

Question # 11

Following is an example of Non-Operating Account.

Question # 12

What is the example of Scheduled bank

Question # 13

The following bank can open its branch in foreign country

Question # 14

Which of the following Account willbe non -remuneratation account.

Question # 15

In financial crises, the central bank issues loan to

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ICOM Part 2 English Medium Principles of Banking Chapter 5 MCQ's Test

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Sr.# Question Answer
1 Pass Book is nto issued in.
A. Saving Account
B. Fixed Deposit Account
C. BBA Account
D. Current Account
2 Scheduled bank is registered under state bank of Pakistan Act
A. 1965
B. 1956
C. 1950
D. None of the above
3 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
4 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense
5 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
6 The slip which is used to deposit money into bank account.
A. Deposit slip
B. Pay in slip
C. Credit voucher
D. All these
7 Account Suitable for businessmen
A. Saving account
B. Fixed Account
C. PLS account
D. Current Account
8 the loans which cna be demanded back by bank at any time are called.
A. Short term loans
B. Overdrats
C. Demand loans
D. Running Finance
9 Normally bank does not pay intrest on
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. B.B.A. Account
10 Credit Card, ATM card and Debit Card are.
A. Metallic money
B. Paper Money
C. Plastic Money
D. Bank Money

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