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

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

Question # 2

Normally bank does not pay intrest on

Question # 3

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

Question # 4

Which of the following banks performs its functions according to the instructions of central bank

Question # 5

Cheque book is not use in.

Question # 6

The other name of credit woucher is.

Question # 7

Pass Book is nto issued in.

Question # 8

In moderan Banking introductory reference is not required in.

Question # 9

Any Co.which transact the business of banking in Pakistan.

Question # 10

Parties involved in cheque.

Question # 11

The person who opens an account with the bank is called

Question # 12

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

Question # 13

Following is an example of Non-Operating Account.

Question # 14

In Islamic banking overdraft means.

Question # 15

the loans which cna be demanded back by bank at any time are called.

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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 What is the example of non scheduled bank
A. Sindh provincial cooperative bank
B. Meezan bank
C. Habib bank
D. Allied bank
2 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
3 Cheque book is not use in.
A. Current Account
B. Foreign Currency Account
C. B.B.A account
D. Fixed deposited Account
4 Non-scheduled bank can
A. Deal in foreign exchange
B. Attain the of public confidence
C. Open new branch without permission
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 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
8 Parties involved in cheque.
A. Account Holder
B. Bank
C. Payee
D. All these
9 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
10 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account

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