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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 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
2 Over draft facility is provided only on.
  • A. Saving Account
  • B. Fixed Deposit Account
  • C. Current Account
  • D. All the above<hr id="null"><hr id="null">
3 Running Finance is also known as.
  • A. Saving Account
  • B. Current Account
  • C. Overdraft
  • D. Fixed Account
4 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
5 How many merits of scheduled bank
  • A. 12
  • B. 13
  • C. 14
  • D. 15
6 Running finance means customer has balance at bank.
  • A. Debit Balance
  • B. Credit Balance
  • C. Favorable balance
  • D. None of these
7 Which of the following banks cannot open its new branch without the permission of central bank
  • A. Non-scheduled bank
  • B. Scheduled bank
  • C. Chartered bank
  • D. All of the above
8 Which of the following Account willbe non -remuneratation account.
  • A. Current account
  • B. Saving Account
  • C. Fixed Deposit account
  • D. B.B.A. Account
9 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
10 Pass Book is nto issued in.
  • A. Saving Account
  • B. Fixed Deposit Account
  • C. BBA Account
  • D. Current Account

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

H

HASEEB Ali

Lahore02 - Mar - 2024

14/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

13/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

13/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

13/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

13/15
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H

HASEEB Ali

Lahore02 - Mar - 2024

12/15
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HASEEB Ali

Lahore02 - Mar - 2024

10/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

9/15
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H

HASEEB Ali

Lahore02 - Mar - 2024

9/15
01 Mins 30 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

8/15
01 Mins 30 Sec

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