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

MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test"

Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test

00:00
Question # 1

Parties involved in cheque.

Question # 2

Pass Book is nto issued in.

Question # 3

Cheque book is not use in.

Question # 4

In financial crises, the central bank issues loan to

Question # 5

Normally bank does not pay intrest on

Question # 6

What is the example of Scheduled bank

Question # 7

Account suitable for salaried person.

Question # 8

Written evidence of depositing money into bank.

Question # 9

Credit Card, ATM card and Debit Card are.

Question # 10

The person who opens an account with the bank is called

Question # 11

In Case of Fixed Deposit the rate of intrest is.

Question # 12

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

Question # 13

Credit cards payment are considered.

Question # 14

Account Suitable for businessmen

Question # 15

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

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test" MCQs Online With Answers


Topic Test

00:00

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

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test" MCQ`s Test

  • S
    saif jutt basra 22 - Jun - 2022 01 Min 06 Sec 15/15
  • A
    ADNAN 17 - Jul - 2021 01 Min 14 Sec 15/15
  • K
    KHALIL UR REHAMAN 12 - Aug - 2022 01 Min 27 Sec 15/15
  • H
    Hassan Abid 23 - Jun - 2022 01 Min 38 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 01 Min 55 Sec 15/15
  • S
    Saad 17 - Jul - 2021 02 Min 08 Sec 15/15
  • M
    Muhammad Rafay 17 - Jul - 2021 02 Min 37 Sec 15/15
  • H
    Hisham Khan 17 - Jul - 2021 03 Min 09 Sec 15/15
  • H
    hamza abid 05 - Sep - 2023 10 Min 50 Sec 15/15
  • F
    Faizan 17 - Jul - 2021 01 Min 29 Sec 14/15
  • H
    HASEEB Ali 02 - Mar - 2024 01 Min 30 Sec 14/15
  • S
    Shakir Ahned 09 - Dec - 2021 03 Min 11 Sec 14/15
  • B
    bilal 29 - Aug - 2021 03 Min 34 Sec 14/15
  • M
    MAHZAIB 786 15 - Feb - 2022 04 Min 20 Sec 14/15
  • I
    ikram 17 - Jul - 2021 01 Min 29 Sec 13/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank
A. Prospectus of bank
B. Copy of bye-laws
C. Audited annual report of bank
D. Certificate of incorporation
2 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
3 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
4 Written evidence of depositing money into bank.
A. Cheque book
B. Pay in Slip
C. Pas Book
D. None of these
5 Which account is considered a nn transferable account.
A. Saving Account
B. Current Account
C. B.B.A. Account
D. Term Deposit Account
6 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
7 Which of the following banks performs its functions according to the instructions of central bank
A. Foreign bank
B. Scheduled bank
C. Non-scheduled bank
D. All the above
8 Following is an example of Non-Operating Account.
A. Current Account
B. Fixed Deposit Account
C. Foreign Currency A/c
D. Saving Account
9 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
10 No minimum balance limit requried in.
A. Current Account
B. Saving Account
C. Foreign Account
D. B.B.A Account

Test Questions

Share your comments & questions here

Guest
  • No comments yet. Be the first to comment!