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)

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Sr.#	Question	Answer
1	Scheduled banks means a bank which is registered with	A. Stock exchange B. Central bank C. World bank D. All of the above
2	Who does get the benefit of opening an account in bank.	A. Bank B. Account Holder C. Government D. All these
3	Amount with drawn from Bank without using cheque.	A. ID Card B. VISA card C. ATM and Debit Card D. Credit Card
4	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
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	In financial crises, the central bank issues loan to	A. Non-scheduled bank B. Foreign bank C. Scheduled bank D. All the above
7	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
8	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
9	No minimum balance limit requried in.	A. Current Account B. Saving Account C. Foreign Account D. B.B.A Account
10	Another name of fixed deposit receipt is.	A. Term Deposit receipt B. Capital receipt C. Cash Deposit receipt D. Revenue receipt