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5th Chapter

12th Principles of Banking Chapter 5 Test

Here you can prepare 12th Class Principles of Banking Chapter 5 Scheduled & Non Scheduled Banks Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 5 online mcq test with answers for ICom part 2 Principle of Banking Chapter 5 (Scheduled & Non Scheduled Banks)

This online test contains MCQs about following topics:

. Definition of scheduled & non-scheduled bank . Difference between scheduled & non-scheduled bank . Merits of scheduled bank . Procedure to convert non-scheduled . Bank into scheduled bank

ICOM Part 2 Banking Ch 5 Test
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12th class Principle of Banking chapter 5 online mcq test with answers for ICom part 2 Principle of Banking Chapter 5 (Scheduled & Non Scheduled Banks)

Sr. # Questions Answers Choice
1 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
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 The person who opens an account with the bank is called
  • A. Employee of bank
  • B. Customer of bank
  • C. Account holder of bank
  • D. Owner of bank
4 In Pakistan Islamic Banking system was introduced in .
  • A. 1974
  • B. 1981
  • C. 1984
  • D. None of these
5 Scheduled bank is registered under state bank of Pakistan Act
  • A. 1965
  • B. 1956
  • C. 1950
  • D. None of the above
6 Which of the following banks cannot open its new branch without the permission of central bank
  • A. Non-scheduled bank
  • B. Scheduled bank
  • C. Chartered bank
  • D. All of the above
7 How many merits of scheduled bank
  • A. 12
  • B. 13
  • C. 14
  • D. 15
8 On opening Saving Account the Bank Provide.
  • A. Pass Book
  • B. Pay in slip
  • C. Cheque book
  • D. All of these
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 Credit cards payment are considered.
  • A. Credit payment
  • B. Cash Payment
  • C. Both a and b
  • D. None of these

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

M

Mohammad Hassan Javed

Lahore26 - May - 2023

12/15
01 Mins 37 Sec
M

Mohammad Hassan Javed

Lahore26 - May - 2023

11/15
01 Mins 08 Sec
A

Ahmad Nayeem

Lahore30 - May - 2023

11/15
02 Mins 25 Sec
A

Ayesha Ayaz

Lahore16 - May - 2023

10/15
01 Mins 30 Sec
H

Hassan Maqsood

Lahore25 - May - 2023

10/15
03 Mins 13 Sec
M

Mohammad Hassan Javed

Lahore26 - May - 2023

8/15
01 Mins 16 Sec
M

Mohammad Hassan Javed

Lahore26 - May - 2023

8/15
01 Mins 49 Sec
T

Talha Uddin Ghori

Lahore31 - May - 2023

8/15
03 Mins 09 Sec
H

Hassan Maqsood

Lahore25 - May - 2023

8/15
07 Mins 22 Sec

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