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

Amount with drawn from Bank without using cheque.

Question # 2

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

Question # 3

Which account is considered a nn transferable account.

Question # 4

Pass Book is nto issued in.

Question # 5

Parties involved in cheque.

Question # 6

Non-scheduled bank can

Question # 7

Central bank does not provide the following facility to non-scheduled bank

Question # 8

In Islamic banking overdraft means.

Question # 9

The slip which is used to deposit money into bank account.

Question # 10

The other name of credit woucher is.

Question # 11

Account Suitable for businessmen

Question # 12

The following bank can open its branch in foreign country

Question # 13

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

Question # 14

Running Finance is also known as.

Question # 15

The person who opens an account with the bank is 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 A Joint Stock company opens the account in the bank.
A. Saving Bank
B. Current Account
C. B.B.A. Account
D. Term Deposit Account
2 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
3 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

4 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
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 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these
7 Pass Book is nto issued in.
A. Saving Account
B. Fixed Deposit Account
C. BBA Account
D. Current Account
8 The other name of credit woucher is.
A. Credit note
B. Cash credit
C. pay in slip
D. Debit note
9 What is the example of non scheduled bank
A. Sindh provincial cooperative bank
B. Meezan bank
C. Habib bank
D. Allied bank
10 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

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