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

What percentage of total assets a scheduled bank is bound to keep within the country

Question # 2

Running finance means customer has balance at bank.

Question # 3

Scheduled banks means a bank which is registered with

Question # 4

Following is an example of Non-Operating Account.

Question # 5

In Islamic banking overdraft means.

Question # 6

The following bank can open its branch in foreign country

Question # 7

What is the example of Scheduled bank

Question # 8

It is necessary for scheduled bank to

Question # 9

On opening Saving Account the Bank Provide.

Question # 10

Who does get the benefit of opening an account in bank.

Question # 11

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

Question # 12

Running Finance is also known as.

Question # 13

Pass Book is nto issued in.

Question # 14

For customer Money deposited int Bank is.

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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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
2 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
3 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these
4 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above
5 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
6 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
7 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
8 In Case of Fixed Deposit the rate of intrest is.
A. Constant
B. High
C. Low
D. None of these
9 Scheduled banks means a bank which is registered with
A. Stock exchange
B. Central bank
C. World bank
D. All of the above
10 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt

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