5th Chapter

12th Principles of Banking Chapter 5 Test

Here you can prepare 12th Class Principles of Banking Chapter 5 Scheduled & Non Scheduled Banks Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 5 online mcq test with answers for ICom part 2 Principle of Banking Chapter 5 (Scheduled & Non Scheduled Banks)

This online test contains MCQs about following topics:

. Definition of scheduled & non-scheduled bank . Difference between scheduled & non-scheduled bank . Merits of scheduled bank . Procedure to convert non-scheduled . Bank into scheduled bank

ICOM Part 2 Banking Ch 5 Test
ic

12th class Principle of Banking chapter 5 online mcq test with answers for ICom part 2 Principle of Banking Chapter 5 (Scheduled & Non Scheduled Banks)

Sr. # Questions Answers Choice
1 Amount with drawn from Bank without using cheque.
  • A. ID Card
  • B. VISA card
  • C. ATM and Debit Card
  • D. Credit Card
2 Scheduled bank is registered under state bank of Pakistan Act
  • A. 1965
  • B. 1956
  • C. 1950
  • D. None of the above
3 Scheduled bank keeps a certain amount of its deposits with central bank as
  • A. Reserve capital
  • B. Bank rate
  • C. Subscribed capital
  • D. Authorized capital
4 Account Suitable for businessmen
  • A. Saving account
  • B. Fixed Account
  • C. PLS account
  • D. Current Account
5 What is the example of non scheduled bank
  • A. Sindh provincial cooperative bank
  • B. Meezan bank
  • C. Habib bank
  • D. Allied 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 Normally bank does not pay intrest on
  • A. Saving Account
  • B. Fixed Deposit Account
  • C. Current Account
  • D. B.B.A. Account
8 On opening Saving Account the Bank Provide.
  • A. Pass Book
  • B. Pay in slip
  • C. Cheque book
  • D. All of these
9 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
10 No minimum balance limit requried in.
  • A. Current Account
  • B. Saving Account
  • C. Foreign Account
  • D. B.B.A Account

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