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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
Which account is considered a nn transferable account.
Choose an answer
Saving Account
Current Account
B.B.A. Account
Term Deposit Account
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Question # 2
Cheque book is not use in.
Choose an answer
Current Account
Foreign Currency Account
B.B.A account
Fixed deposited Account
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Question # 3
Nature of Bank Accounts also help in determining the ratio of.
Choose an answer
Cash Reserve
Capital
Partnership
None of these
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Question # 4
Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank
Choose an answer
Prospectus of bank
Copy of bye-laws
Audited annual report of bank
Certificate of incorporation
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Question # 5
Account example from Zakat and Tax
Choose an answer
B.B.A. Account
Current account
Foreign Currency Account
None of these
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Question # 6
No minimum balance limit requried in.
Choose an answer
Current Account
Saving Account
Foreign Account
B.B.A Account
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Question # 7
Normally bank does not pay intrest on
Choose an answer
Saving Account
Fixed Deposit Account
Current Account
B.B.A. Account
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Question # 8
The slip which is used to deposit money into bank account.
Choose an answer
Deposit slip
Pay in slip
Credit voucher
All these
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Question # 9
On opening Saving Account the Bank Provide.
Choose an answer
Pass Book
Pay in slip
Cheque book
All of these
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Question # 10
Any Co.which transact the business of banking in Pakistan.
Choose an answer
Chartered co.
Joint stock co.
Banking co.
All of these
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Question # 11
Account Suitable for businessmen
Choose an answer
Saving account
Fixed Account
PLS account
Current Account
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Question # 12
What percentage of total assets a scheduled bank is bound to keep within the country
Choose an answer
60%
70%
80%
90%
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Question # 13
Scheduled bank is registered under state bank of Pakistan Act
Choose an answer
1965
1956
1950
None of the above
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Question # 14
Which of the following Account willbe non -remuneratation account.
Choose an answer
Current account
Saving Account
Fixed Deposit account
B.B.A. Account
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Question # 15
Non-scheduled bank can
Choose an answer
Deal in foreign exchange
Attain the of public confidence
Open new branch without permission
All the above
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Question # 16
Following is an example of Non-Operating Account.
Choose an answer
Current Account
Fixed Deposit Account
Foreign Currency A/c
Saving Account
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