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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
Amount with drawn from Bank without using cheque.
Choose an answer
ID Card
VISA card
ATM and Debit Card
Credit Card
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Question # 2
Cheque book is not use in.
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Current Account
Foreign Currency Account
B.B.A account
Fixed deposited Account
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Question # 3
How many merits of scheduled bank
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12
13
14
15
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Question # 4
Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank
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Prospectus of bank
Copy of bye-laws
Audited annual report of bank
Certificate of incorporation
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Question # 5
It is necessary for scheduled bank to
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Act on the instructions of central bank
Submit report to central bank
Get the books checked
Al the above
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Question # 6
the loans which cna be demanded back by bank at any time are called.
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Short term loans
Overdrats
Demand loans
Running Finance
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Question # 7
Who can issue participation term certificates.
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Firm
Company
Cooperative society
All of these
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Question # 8
Non-scheduled bank can
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Deal in foreign exchange
Attain the of public confidence
Open new branch without permission
All the above
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Question # 9
The person who opens an account with the bank is called
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Employee of bank
Customer of bank
Account holder of bank
Owner of bank
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Question # 10
Which account is considered a nn transferable account.
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Saving Account
Current Account
B.B.A. Account
Term Deposit Account
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Question # 11
No minimum balance limit requried in.
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Current Account
Saving Account
Foreign Account
B.B.A Account
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Question # 12
Running finance means customer has balance at bank.
Choose an answer
Debit Balance
Credit Balance
Favorable balance
None of these
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Question # 13
Running Finance is also known as.
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Saving Account
Current Account
Overdraft
Fixed Account
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Question # 14
Following is an example of Non-Operating Account.
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Current Account
Fixed Deposit Account
Foreign Currency A/c
Saving Account
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Question # 15
Which of the following banks performs its functions according to the instructions of central bank
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Foreign bank
Scheduled bank
Non-scheduled bank
All the above
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Question # 16
The other name of credit woucher is.
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Credit note
Cash credit
pay in slip
Debit note
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Question # 17
Who does get the benefit of opening an account in bank.
Choose an answer
Bank
Account Holder
Government
All these
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Question # 18
Nature of Bank Accounts also help in determining the ratio of.
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Cash Reserve
Capital
Partnership
None of these
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Question # 19
The following bank can open its branch in foreign country
Choose an answer
Scheduled bank
Non-scheduled bank
Both a and b
None of the these
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Question # 20
Normally bank does not pay intrest on
Choose an answer
Saving Account
Fixed Deposit Account
Current Account
B.B.A. Account
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Question # 21
A Joint Stock company opens the account in the bank.
Choose an answer
Saving Bank
Current Account
B.B.A. Account
Term Deposit Account
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Question # 22
Pass Book is nto issued in.
Choose an answer
Saving Account
Fixed Deposit Account
BBA Account
Current Account
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Question # 23
Credit cards payment are considered.
Choose an answer
Credit payment
Cash Payment
Both a and b
None of these
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