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)

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

Sr. #	Questions	Answers Choice
1	In Islamic banking overdraft means.	Debit balance Running finance Favorable balnce Nil Balance
2	Running finance means customer has balance at bank.	Debit Balance Credit Balance Favorable balance None of these
3	Who can issue participation term certificates.	Firm Company Cooperative society All of these
4	Any Co.which transact the business of banking in Pakistan.	Chartered co. Joint stock co. Banking co. All of these
5	the loans which cna be demanded back by bank at any time are called.	Short term loans Overdrats Demand loans Running Finance
6	The person who opens an account with the bank is called	Employee of bank Customer of bank Account holder of bank Owner of bank
7	The person who opens an account with the bank is called	Employee of bank Customer of bank Account holder of bank Owner of bank
8	The person who opens an account with the bank is called	Employee of bank Customer of bank Account holder of bank Owner of bank
9	A Joint Stock company opens the account in the bank.	Saving Bank Current Account B.B.A. Account Term Deposit Account
10	Which account is considered a nn transferable account.	Saving Account Current Account B.B.A. Account Term Deposit Account
11	The slip which is used to deposit money into bank account.	Deposit slip Pay in slip Credit voucher All these
12	The other name of credit woucher is.	Credit note Cash credit pay in slip Debit note
13	Credit Card, ATM card and Debit Card are.	Metallic money Paper Money Plastic Money Bank Money
14	On opening Saving Account the Bank Provide.	Pass Book Pay in slip Cheque book All of these
15	Which of the following Account willbe non -remuneratation account.	Current account Saving Account Fixed Deposit account B.B.A. Account

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