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

Amount with drawn from Bank without using cheque.

Question # 2

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

Question # 3

For customer Money deposited int Bank is.

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

The person who opens an account with the bank is called

Question # 8

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

Question # 9

Scheduled bank is registered under state bank of Pakistan Act

Question # 10

Running finance means customer has balance at bank.

Question # 11

Over draft facility is provided only on.

Question # 12

Scheduled banks means a bank which is registered with

Question # 13

The person who opens an account with the bank is called

Question # 14

Running Finance is also known as.

Question # 15

Which account is considered a nn transferable account.

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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 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense
2 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt
3 In Pakistan Islamic Banking system was introduced in .
A. 1974
B. 1981
C. 1984
D. None of these
4 The slip which is used to deposit money into bank account.
A. Deposit slip
B. Pay in slip
C. Credit voucher
D. All these
5 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
6 Nature of Bank Accounts also help in determining the ratio of.
A. Cash Reserve
B. Capital
C. Partnership
D. None of these
7 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
8 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
9 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
10 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder

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