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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
How many merits of scheduled bank
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12
13
14
15
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Question # 2
Who can issue participation term certificates.
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Firm
Company
Cooperative society
All of these
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Question # 3
In Case of Fixed Deposit the rate of intrest is.
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Constant
High
Low
None of these
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Question # 4
Central bank does not provide the following facility to non-scheduled bank
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Rediscounting of bills
Clearing house
Transfer of money
All the above
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Question # 5
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 # 6
Account example from Zakat and Tax
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B.B.A. Account
Current account
Foreign Currency Account
None of these
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Question # 7
Amount with drawn from Bank without using cheque.
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ID Card
VISA card
ATM and Debit Card
Credit Card
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Question # 8
Written evidence of depositing money into bank.
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Cheque book
Pay in Slip
Pas Book
None of these
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Question # 9
For customer Money deposited int Bank is.
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Liability
Asset
Saving and Asset
Expense
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Question # 10
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 # 11
In financial crises, the central bank issues loan to
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Non-scheduled bank
Foreign bank
Scheduled bank
All the above
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Question # 12
The following bank can open its branch in foreign country
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Scheduled bank
Non-scheduled bank
Both a and b
None of the these
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Question # 13
Which of the following Account willbe non -remuneratation account.
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Current account
Saving Account
Fixed Deposit account
B.B.A. Account
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Question # 14
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 # 15
Running Finance is also known as.
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Saving Account
Current Account
Overdraft
Fixed Account
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Question # 16
Normally bank does not pay intrest on
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Saving Account
Fixed Deposit Account
Current Account
B.B.A. Account
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