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

Credit Card, ATM card and Debit Card are.

Question # 2

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

Question # 3

Non-scheduled bank can

Question # 4

The person who opens an account with the bank is called

Question # 5

Account Suitable for businessmen

Question # 6

The person who opens an account with the bank is called

Question # 7

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

Question # 8

The other name of credit woucher is.

Question # 9

In moderan Banking introductory reference is not required in.

Question # 10

Scheduled banks means a bank which is registered with

Question # 11

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

Question # 12

In financial crises, the central bank issues loan to

Question # 13

Scheduled bank keeps a certain amount of its deposits with central bank as

Question # 14

Who can issue participation term certificates.

Question # 15

Which document is demanded by central bank for the conversion of non-scheduled bank into 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 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
2 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
3 Account Suitable for businessmen
A. Saving account
B. Fixed Account
C. PLS account
D. Current Account
4 In Case of Fixed Deposit the rate of intrest is.
A. Constant
B. High
C. Low
D. None of these
5 Nature of Bank Accounts also help in determining the ratio of.
A. Cash Reserve
B. Capital
C. Partnership
D. None of these
6 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
7 Scheduled bank is registered under state bank of Pakistan Act
A. 1965
B. 1956
C. 1950
D. None of the above
8 For customer Money deposited int Bank is.
A. Liability
B. Asset
C. Saving and Asset
D. Expense
9 Pass Book is nto issued in.
A. Saving Account
B. Fixed Deposit Account
C. BBA Account
D. Current Account
10 Account example from Zakat and Tax
A. B.B.A. Account
B. Current account
C. Foreign Currency Account
D. None of these

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