ICOM Part 2 English Medium Principles of Banking Chapter 5 MCQ's Test

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

Start Chapter 5 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 5 (Scheduled & Non Scheduled Banks)

Sr. # Questions Answers Choice
1 Credit cards payment are considered.
  • A. Credit payment
  • B. Cash Payment
  • C. Both a and b
  • D. None of these
2 Cheque book is not use in.
  • A. Current Account
  • B. Foreign Currency Account
  • C. B.B.A account
  • D. Fixed deposited Account
3 Who does get the benefit of opening an account in bank.
  • A. Bank
  • B. Account Holder
  • C. Government
  • D. All these
4 On opening Saving Account the Bank Provide.
  • A. Pass Book
  • B. Pay in slip
  • C. Cheque book
  • D. All of these
5 Following is an example of Non-Operating Account.
  • A. Current Account
  • B. Fixed Deposit Account
  • C. Foreign Currency A/c
  • D. Saving Account
6 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
7 Who can issue participation term certificates.
  • A. Firm
  • B. Company
  • C. Cooperative society
  • D. All of these
8 Credit Card, ATM card and Debit Card are.
  • A. Metallic money
  • B. Paper Money
  • C. Plastic Money
  • D. Bank Money
9 What percentage of total assets a scheduled bank is bound to keep within the country
  • A. 60%
  • B. 70%
  • C. 80%
  • D. 90%
10 In financial crises, the central bank issues loan to
  • A. Non-scheduled bank
  • B. Foreign bank
  • C. Scheduled bank
  • D. All the above

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