ICOM Part 2 English Medium Principles of Banking Chapter 5 MCQ's Test

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

Start Chapter 5 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 5 (Scheduled & Non Scheduled Banks)

Sr. # Questions Answers Choice
1 The person who opens an account with the bank is called
  • A. Employee of bank
  • B. Customer of bank
  • C. Account holder of bank
  • D. Owner of bank
2 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
3 In Case of Fixed Deposit the rate of intrest is.
  • A. Constant
  • B. High
  • C. Low
  • D. None of these
4 Account example from Zakat and Tax
  • A. B.B.A. Account
  • B. Current account
  • C. Foreign Currency Account
  • D. None of these
5 What is the example of Scheduled bank
  • A. Habib bank Ltd.
  • B. Allied bank Ltd. in Pakistan
  • C. Both a and b
  • D. None of these
6 What is the example of non scheduled bank
  • A. Sindh provincial cooperative bank
  • B. Meezan bank
  • C. Habib bank
  • D. Allied bank
7 Written evidence of depositing money into bank.
  • A. Cheque book
  • B. Pay in Slip
  • C. Pas Book
  • D. None of these
8 The other name of credit woucher is.
  • A. Credit note
  • B. Cash credit
  • C. pay in slip
  • D. Debit note
9 Scheduled banks means a bank which is registered with
  • A. Stock exchange
  • B. Central bank
  • C. World bank
  • D. All of the above
10 Who does get the benefit of opening an account in bank.
  • A. Bank
  • B. Account Holder
  • C. Government
  • D. All these

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