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

No minimum balance limit requried in.

Question # 2

Cheque book is not use in.

Question # 3

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

Question # 4

Which account is considered a nn transferable account.

Question # 5

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

Question # 6

Over draft facility is provided only on.

Question # 7

What is the example of Scheduled bank

Question # 8

All information of pass book is filled by.

Question # 9

In Case of Fixed Deposit the rate of intrest is.

Question # 10

Which of the following Account willbe non -remuneratation account.

Question # 11

Scheduled banks means a bank which is registered with

Question # 12

Running finance means customer has balance at bank.

Question # 13

The person who opens an account with the bank is called

Question # 14

Account Suitable for businessmen

Question # 15

Another name of fixed deposit receipt is.

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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 moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
2 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these
3 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
4 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
5 Credit Card, ATM card and Debit Card are.
A. Metallic money
B. Paper Money
C. Plastic Money
D. Bank Money
6 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
7 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these
8 It is necessary for scheduled bank to
A. Act on the instructions of central bank
B. Submit report to central bank
C. Get the books checked
D. Al the above
9 How many merits of scheduled bank
A. 12
B. 13
C. 14
D. 15
10 Any Co.which transact the business of banking in Pakistan.
A. Chartered co.
B. Joint stock co.
C. Banking co.
D. All of these

Test Questions

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