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

Scheduled bank is registered under state bank of Pakistan Act

Question # 2

Which account is considered a nn transferable account.

Question # 3

For customer Money deposited int Bank is.

Question # 4

Which of the following banks cannot open its new branch without the permission of central bank

Question # 5

Credit Card, ATM card and Debit Card are.

Question # 6

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

Question # 7

Nature of Bank Accounts also help in determining the ratio of.

Question # 8

The person who opens an account with the bank is called

Question # 9

Normally bank does not pay intrest on

Question # 10

What is the example of non scheduled bank

Question # 11

Cheque book is not use in.

Question # 12

In Islamic banking overdraft means.

Question # 13

Running Finance is also known as.

Question # 14

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

Question # 15

Pass Book is nto issued in.

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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 financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above
2 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
3 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

4 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense
5 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
6 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
7 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder
8 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
9 Pass Book is nto issued in.
A. Saving Account
B. Fixed Deposit Account
C. BBA Account
D. Current Account
10 What is the example of non scheduled bank
A. Sindh provincial cooperative bank
B. Meezan bank
C. Habib bank
D. Allied bank

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