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

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

Question # 2

All information of pass book is filled by.

Question # 3

The person who opens an account with the bank is called

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

Account example from Zakat and Tax

Question # 9

Scheduled bank is registered under state bank of Pakistan Act

Question # 10

Parties involved in cheque.

Question # 11

In Case of Fixed Deposit the rate of intrest is.

Question # 12

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

Question # 13

Cheque book is not use in.

Question # 14

In Islamic banking overdraft means.

Question # 15

What is the example 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 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
2 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
3 What is the example of non scheduled bank
A. Sindh provincial cooperative bank
B. Meezan bank
C. Habib bank
D. Allied bank
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 Over draft facility is provided only on.
A. Saving Account
B. Fixed Deposit Account
C. Current Account
D. All the above

6 All information of pass book is filled by.
A. Bank offcials
B. Payee
C. Drawer
D. Account Holder
7 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
8 Amount with drawn from Bank without using cheque.
A. ID Card
B. VISA card
C. ATM and Debit Card
D. Credit Card
9 Scheduled bank keeps a certain amount of its deposits with central bank as
A. Reserve capital
B. Bank rate
C. Subscribed capital
D. Authorized capital
10 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense

Test Questions

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