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

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

Sr. # Questions Answers Choice
1 Nature of Bank Accounts also help in determining the ratio of. Cash Reserve Capital Partnership None of these
2 Following is an example of Non-Operating Account. Current Account Fixed Deposit Account Foreign Currency A/c Saving Account
3 Another name of fixed deposit receipt is. Term Deposit receipt Capital receipt Cash Deposit receipt Revenue receipt
4 Pass Book is nto issued in. Saving Account Fixed Deposit Account BBA Account Current Account
5 In moderan Banking introductory reference is not required in. Current account Saving Account B.B.A. Account All these
6 Who does get the benefit of opening an account in bank. Bank Account Holder Government All these
7 No minimum balance limit requried in. Current Account Saving Account Foreign Account B.B.A Account
8 Parties involved in cheque. Account Holder Bank Payee All these
9 All information of pass book is filled by. Bank offcials Payee Drawer Account Holder
10 Cheque book is not use in. Current Account Foreign Currency Account B.B.A account Fixed deposited Account
11 Running Finance is also known as. Saving Account Current Account Overdraft Fixed Account
12 In Pakistan Islamic Banking system was introduced in . 1974 1981 1984 None of these
13 Written evidence of depositing money into bank. Cheque book Pay in Slip Pas Book None of these
14 In Case of Fixed Deposit the rate of intrest is. Constant High Low None of these
15 Amount with drawn from Bank without using cheque. ID Card VISA card ATM and Debit Card Credit Card
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