Question # 1

What is the example of non scheduled bank

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Sindh provincial cooperative bank

Meezan bank

Habib bank

Allied bank

The slip which is used to deposit money into bank account.

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Deposit slip

Pay in slip

Credit voucher

All these

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

On opening Saving Account the Bank Provide.

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Pass Book

Pay in slip

Cheque book

All of these

Account Suitable for businessmen

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Saving account

Fixed Account

PLS account

Current Account

Which account is considered a nn transferable account.

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Saving Account

Current Account

B.B.A. Account

Term Deposit Account

A Joint Stock company opens the account in the bank.

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Saving Bank

Current Account

B.B.A. Account

Term Deposit Account

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

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Non-scheduled bank

Scheduled bank

Chartered bank

All of the above

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

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Chartered co.

Joint stock co.

Banking co.

All of these

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

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Reserve capital

Bank rate

Subscribed capital

Authorized capital

Credit cards payment are considered.

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Credit payment

Cash Payment

Both a and b

None of these

Over draft facility is provided only on.

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Saving Account

Fixed Deposit Account

Current Account

All the above

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

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

Scheduled bank is registered under state bank of Pakistan Act

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1965

1956

1950

None of the above

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Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test MCQs With Answers

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