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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  • Total Questions15

  • Time Allowed20

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

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Question # 1

Pass Book is nto issued in.

Question # 2

Account example from Zakat and Tax

Question # 3

Account Suitable for businessmen

Question # 4

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

Question # 5

In moderan Banking introductory reference is not required in.

Question # 6

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

Question # 7

Which account is considered a nn transferable account.

Question # 8

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

Question # 9

Running finance means customer has balance at bank.

Question # 10

Scheduled bank is registered under state bank of Pakistan Act

Question # 11

Written evidence of depositing money into bank.

Question # 12

Normally bank does not pay intrest on

Question # 13

It is necessary for scheduled bank to

Question # 14

The other name of credit woucher is.

Question # 15

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

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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 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these
2 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
3 Parties involved in cheque.
A. Account Holder
B. Bank
C. Payee
D. All these
4 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
5 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
6 Written evidence of depositing money into bank.
A. Cheque book
B. Pay in Slip
C. Pas Book
D. None of these
7 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
8 How many merits of scheduled bank
A. 12
B. 13
C. 14
D. 15
9 Credit Card, ATM card and Debit Card are.
A. Metallic money
B. Paper Money
C. Plastic Money
D. Bank Money
10 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

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