5th Chapter

12th Principles of Banking Chapter 5 Test

Here you can prepare 12th Class Principles of Banking Chapter 5 Scheduled & Non Scheduled Banks Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 5 online mcq test with answers for ICom part 2 Principle of Banking Chapter 5 (Scheduled & Non Scheduled Banks)

This online test contains MCQs about following topics:

. Definition of scheduled & non-scheduled bank . Difference between scheduled & non-scheduled bank . Merits of scheduled bank . Procedure to convert non-scheduled . Bank into scheduled bank

ICOM Part 2 Banking Ch 5 Test
ic

12th class Principle of Banking chapter 5 online mcq test with answers for ICom part 2 Principle of Banking Chapter 5 (Scheduled & Non Scheduled Banks)

Sr. # Questions Answers Choice
1 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
2 It is necessary for scheduled bank to
  • A. Act on the instructions of central bank
  • B. Submit report to central bank
  • C. Get the books checked
  • D. Al the above
3 Nature of Bank Accounts also help in determining the ratio of.
  • A. Cash Reserve
  • B. Capital
  • C. Partnership
  • D. None of these
4 Parties involved in cheque.
  • A. Account Holder
  • B. Bank
  • C. Payee
  • D. All these
5 Over draft facility is provided only on.
  • A. Saving Account
  • B. Fixed Deposit Account
  • C. Current Account
  • D. All the above<hr id="null"><hr id="null">
6 Amount with drawn from Bank without using cheque.
  • A. ID Card
  • B. VISA card
  • C. ATM and Debit Card
  • D. Credit Card
7 Which of the following Account willbe non -remuneratation account.
  • A. Current account
  • B. Saving Account
  • C. Fixed Deposit account
  • D. B.B.A. Account
8 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
9 Pass Book is nto issued in.
  • A. Saving Account
  • B. Fixed Deposit Account
  • C. BBA Account
  • D. Current Account
10 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

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