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
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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 the loans which cna be demanded back by bank at any time are called.
  • A. Short term loans
  • B. Overdrats
  • C. Demand loans
  • D. Running Finance
2 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
3 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
4 In Islamic banking overdraft means.
  • A. Debit balance
  • B. Running finance
  • C. Favorable balnce
  • D. Nil Balance
5 In moderan Banking introductory reference is not required in.
  • A. Current account
  • B. Saving Account
  • C. B.B.A. Account
  • D. All these
6 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">
7 Pass Book is nto issued in.
  • A. Saving Account
  • B. Fixed Deposit Account
  • C. BBA Account
  • D. Current Account
8 On opening Saving Account the Bank Provide.
  • A. Pass Book
  • B. Pay in slip
  • C. Cheque book
  • D. All of these
9 All information of pass book is filled by.
  • A. Bank offcials
  • B. Payee
  • C. Drawer
  • D. Account Holder
10 The other name of credit woucher is.
  • A. Credit note
  • B. Cash credit
  • C. pay in slip
  • D. Debit note

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