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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
For customer Money deposited int Bank is.
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Liability
Asset
Saving and Asset
Expense
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Question # 2
Which of the following banks performs its functions according to the instructions of central bank
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Foreign bank
Scheduled bank
Non-scheduled bank
All the above
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Question # 3
The person who opens an account with the bank is called
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Employee of bank
Customer of bank
Account holder of bank
Owner of bank
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Question # 4
Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank
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Prospectus of bank
Copy of bye-laws
Audited annual report of bank
Certificate of incorporation
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Question # 5
In Islamic banking overdraft means.
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Debit balance
Running finance
Favorable balnce
Nil Balance
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Question # 6
Pass Book is nto issued in.
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Saving Account
Fixed Deposit Account
BBA Account
Current Account
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Question # 7
Account suitable for salaried person.
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Fixed Deposit account
Current Account
Saving Account
Term Deposit Account
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Question # 8
The person who opens an account with the bank is called
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Employee of bank
Customer of bank
Account holder of bank
Owner of bank
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Question # 9
Any Co.which transact the business of banking in Pakistan.
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Chartered co.
Joint stock co.
Banking co.
All of these
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Question # 10
Written evidence of depositing money into bank.
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Cheque book
Pay in Slip
Pas Book
None of these
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Question # 11
The other name of credit woucher is.
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Credit note
Cash credit
pay in slip
Debit note
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Question # 12
Over draft facility is provided only on.
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Saving Account
Fixed Deposit Account
Current Account
All the above
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Question # 13
In moderan Banking introductory reference is not required in.
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Current account
Saving Account
B.B.A. Account
All these
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Question # 14
The person who opens an account with the bank is called
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Employee of bank
Customer of bank
Account holder of bank
Owner of bank
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Question # 15
Nature of Bank Accounts also help in determining the ratio of.
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Cash Reserve
Capital
Partnership
None of these
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Question # 16
On opening Saving Account the Bank Provide.
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Pass Book
Pay in slip
Cheque book
All of these
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