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
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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 Cheque book is not use in.
  • A. Current Account
  • B. Foreign Currency Account
  • C. B.B.A account
  • D. Fixed deposited Account
2 The following bank can open its branch in foreign country
  • A. Scheduled bank
  • B. Non-scheduled bank
  • C. Both a and b
  • D. None of the these
3 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
4 In Pakistan Islamic Banking system was introduced in .
  • A. 1974
  • B. 1981
  • C. 1984
  • D. None of these
5 Account example from Zakat and Tax
  • A. B.B.A. Account
  • B. Current account
  • C. Foreign Currency Account
  • D. None of these
6 The other name of credit woucher is.
  • A. Credit note
  • B. Cash credit
  • C. pay in slip
  • D. Debit note
7 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
8 Amount with drawn from Bank without using cheque.
  • A. ID Card
  • B. VISA card
  • C. ATM and Debit Card
  • D. Credit Card
9 In financial crises, the central bank issues loan to
  • A. Non-scheduled bank
  • B. Foreign bank
  • C. Scheduled bank
  • D. All the above
10 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

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test

M

Malaika MA

Lahore03 - Aug - 2024

13/15
01 Mins 54 Sec

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