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 document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank

Question # 3

Cheque book is not use in.

Question # 4

Who does get the benefit of opening an account in bank.

Question # 5

Scheduled banks means a bank which is registered with

Question # 6

In Pakistan Islamic Banking system was introduced in .

Question # 7

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

Question # 8

All information of pass book is filled by.

Question # 9

Running finance means customer has balance at bank.

Question # 10

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

Question # 11

The person who opens an account with the bank is called

Question # 12

Credit cards payment are considered.

Question # 13

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

Question # 14

In Islamic banking overdraft means.

Question # 15

No minimum balance limit requried in.

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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 Running Finance is also known as.
A. Saving Account
B. Current Account
C. Overdraft
D. Fixed Account
2 In moderan Banking introductory reference is not required in.
A. Current account
B. Saving Account
C. B.B.A. Account
D. All these
3 Another name of fixed deposit receipt is.
A. Term Deposit receipt
B. Capital receipt
C. Cash Deposit receipt
D. Revenue receipt
4 In financial crises, the central bank issues loan to
A. Non-scheduled bank
B. Foreign bank
C. Scheduled bank
D. All the above
5 Running finance means customer has balance at bank.
A. Debit Balance
B. Credit Balance
C. Favorable balance
D. None of these
6 No minimum balance limit requried in.
A. Current Account
B. Saving Account
C. Foreign Account
D. B.B.A Account
7 Pass Book is nto issued in.
A. Saving Account
B. Fixed Deposit Account
C. BBA Account
D. Current Account
8 In Pakistan Islamic Banking system was introduced in .
A. 1974
B. 1981
C. 1984
D. None 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 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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