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

The following bank can open its branch in foreign country

Question # 2

Which account is considered a nn transferable account.

Question # 3

Non-scheduled bank can

Question # 4

All information of pass book is filled by.

Question # 5

Scheduled bank is registered under state bank of Pakistan Act

Question # 6

Who can issue participation term certificates.

Question # 7

Amount with drawn from Bank without using cheque.

Question # 8

Following is an example of Non-Operating Account.

Question # 9

Scheduled banks means a bank which is registered with

Question # 10

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

Question # 11

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

Question # 12

In Case of Fixed Deposit the rate of intrest is.

Question # 13

Which of the following Account willbe non -remuneratation account.

Question # 14

How many merits of scheduled bank

Question # 15

Scheduled bank keeps a certain amount of its deposits with central bank as

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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 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card
2 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
3 Scheduled banks means a bank which is registered with
A. Stock exchange
B. Central bank
C. World bank
D. All of the above
4 In Case of Fixed Deposit the rate of intrest is.
A. Constant
B. High
C. Low
D. None of these
5 In Islamic banking overdraft means.
A. Debit balance
B. Running finance
C. Favorable balnce
D. Nil Balance
6 Which account is considered a nn transferable account.
A. Saving Account
B. Current Account
C. B.B.A. Account
D. Term Deposit Account
7 In Pakistan Islamic Banking system was introduced in .
A. 1974
B. 1981
C. 1984
D. None of these
8 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
9 Running finance means customer has balance at bank.
A. Debit Balance
B. Credit Balance
C. Favorable balance
D. None of these
10 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

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