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)

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Sr.#	Question	Answer
1	No minimum balance limit requried in.	A. Current Account B. Saving Account C. Foreign Account D. B.B.A Account
2	Running Finance is also known as.	A. Saving Account B. Current Account C. Overdraft D. Fixed Account
3	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
4	Who does get the benefit of opening an account in bank.	A. Bank B. Account Holder C. Government D. All these
5	A Joint Stock company opens the account in the bank.	A. Saving Bank B. Current Account C. B.B.A. Account D. Term Deposit Account
6	Account Suitable for businessmen	A. Saving account B. Fixed Account C. PLS account D. Current Account
7	Written evidence of depositing money into bank.	A. Cheque book B. Pay in Slip C. Pas Book D. None of these
8	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
9	In Pakistan Islamic Banking system was introduced in .	A. 1974 B. 1981 C. 1984 D. None of these
10	Pass Book is nto issued in.	A. Saving Account B. Fixed Deposit Account C. BBA Account D. Current Account