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

Written evidence of depositing money into bank.

Question # 2

A Joint Stock company opens the account in the bank.

Question # 3

Credit Card, ATM card and Debit Card are.

Question # 4

What is the example of Scheduled bank

Question # 5

In financial crises, the central bank issues loan to

Question # 6

In Case of Fixed Deposit the rate of intrest is.

Question # 7

It is necessary for scheduled bank to

Question # 8

What percentage of total assets a scheduled bank is bound to keep within the country

Question # 9

In Pakistan Islamic Banking system was introduced in .

Question # 10

The person who opens an account with the bank is called

Question # 11

The following bank can open its branch in foreign country

Question # 12

Who does get the benefit of opening an account in bank.

Question # 13

Who can issue participation term certificates.

Question # 14

The other name of credit woucher is.

Question # 15

How many merits of scheduled bank

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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 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt
2 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

3 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these
4 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above
5 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder
6 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
7 In Case of Fixed Deposit the rate of intrest is.
A. Constant
B. High
C. Low
D. None of these
8 Scheduled bank is registered under state bank of Pakistan Act
A. 1965
B. 1956
C. 1950
D. None of the above
9 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
10 Account suitable for salaried person.
A. Fixed Deposit account
B. Current Account
C. Saving Account
D. Term Deposit Account

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