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

Start Chapter 5 Test

MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test"

Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test"

  • Total Questions15

  • Time Allowed20

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

00:00
Question # 1

Account example from Zakat and Tax

Question # 2

Running Finance is also known as.

Question # 3

No minimum balance limit requried in.

Question # 4

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

Question # 5

Who can issue participation term certificates.

Question # 6

Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank

Question # 7

Following is an example of Non-Operating Account.

Question # 8

Amount with drawn from Bank without using cheque.

Question # 9

Parties involved in cheque.

Question # 10

Which of the following Account willbe non -remuneratation account.

Question # 11

For customer Money deposited int Bank is.

Question # 12

What is the example of non scheduled bank

Question # 13

Normally bank does not pay intrest on

Question # 14

On opening Saving Account the Bank Provide.

Question # 15

Credit Card, ATM card and Debit Card are.

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test" MCQs Online With Answers


Topic Test

00:00

ICOM Part 2 English Medium Principles of Banking Chapter 5 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test" MCQ`s Test

  • S
    saif jutt basra 22 - Jun - 2022 01 Min 06 Sec 15/15
  • A
    ADNAN 17 - Jul - 2021 01 Min 14 Sec 15/15
  • K
    KHALIL UR REHAMAN 12 - Aug - 2022 01 Min 27 Sec 15/15
  • H
    Hassan Abid 23 - Jun - 2022 01 Min 38 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 01 Min 55 Sec 15/15
  • S
    Saad 17 - Jul - 2021 02 Min 08 Sec 15/15
  • M
    Muhammad Rafay 17 - Jul - 2021 02 Min 37 Sec 15/15
  • H
    Hisham Khan 17 - Jul - 2021 03 Min 09 Sec 15/15
  • H
    hamza abid 05 - Sep - 2023 10 Min 50 Sec 15/15
  • F
    Faizan 17 - Jul - 2021 01 Min 29 Sec 14/15
  • H
    HASEEB Ali 02 - Mar - 2024 01 Min 30 Sec 14/15
  • S
    Shakir Ahned 09 - Dec - 2021 03 Min 11 Sec 14/15
  • B
    bilal 29 - Aug - 2021 03 Min 34 Sec 14/15
  • M
    MAHZAIB 786 15 - Feb - 2022 04 Min 20 Sec 14/15
  • I
    ikram 17 - Jul - 2021 01 Min 29 Sec 13/15

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

Sr.# Question Answer
1 Scheduled bank is registered under state bank of Pakistan Act
A. 1965
B. 1956
C. 1950
D. None of the above
2 Written evidence of depositing money into bank.
A. Cheque book
B. Pay in Slip
C. Pas Book
D. None of these
3 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
4 In Case of Fixed Deposit the rate of intrest is.
A. Constant
B. High
C. Low
D. None of these
5 Normally bank does not pay intrest on
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. B.B.A. Account
6 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
7 Credit cards payment are considered.
A. Credit payment
B. Cash Payment
C. Both a and b
D. None of these
8 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
9 Central bank does not provide the following facility to non-scheduled bank
A. Rediscounting of bills
B. Clearing house
C. Transfer of money
D. All the above
10 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card

Test Questions