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

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

Question # 2

Cheque book is not use in.

Question # 3

Which account is considered a nn transferable account.

Question # 4

Another name of fixed deposit receipt is.

Question # 5

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

Question # 6

On opening Saving Account the Bank Provide.

Question # 7

The person who opens an account with the bank is called

Question # 8

Which of the following banks cannot open its new branch without the permission of central bank

Question # 9

What is the example of non scheduled bank

Question # 10

The following bank can open its branch in foreign country

Question # 11

Which of the following Account willbe non -remuneratation account.

Question # 12

Running Finance is also known as.

Question # 13

No minimum balance limit requried in.

Question # 14

How many merits of scheduled bank

Question # 15

Normally bank does not pay intrest on

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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 On opening Saving Account the Bank Provide.
A. Pass Book
B. Pay in slip
C. Cheque book
D. All of these
2 In Pakistan Islamic Banking system was introduced in .
A. 1974
B. 1981
C. 1984
D. None of these
3 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these
4 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
5 Account suitable for salaried person.
A. Fixed Deposit account
B. Current Account
C. Saving Account
D. Term Deposit Account
6 Who does get the benefit of opening an account in bank.
A. Bank
B. Account Holder
C. Government
D. All these
7 Running finance means customer has balance at bank.
A. Debit Balance
B. Credit Balance
C. Favorable balance
D. None of these
8 Nature of Bank Accounts also help in determining the ratio of.
A. Cash Reserve
B. Capital
C. Partnership
D. None of these
9 Normally bank does not pay intrest on
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. B.B.A. Account
10 Which of the following Account willbe non -remuneratation account.
A. Current account
B. Saving Account
C. Fixed Deposit account
D. B.B.A. Account

Test Questions

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