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	Credit cards payment are considered.	Credit payment Cash Payment Both a and b None of these
2	Account Suitable for businessmen	Saving account Fixed Account PLS account Current Account
3	For customer Money deposited int Bank is.	Liability Asset Saving and Asset Expense
4	Account example from Zakat and Tax	B.B.A. Account Current account Foreign Currency Account None of these
5	Over draft facility is provided only on.	Saving Account Fixed Deposit Account Current Account All the above<hr id="null"><hr id="null">
6	Account suitable for salaried person.	Fixed Deposit account Current Account Saving Account Term Deposit Account
7	Normally bank does not pay intrest on	Saving Account Fixed Deposit Account Current Account B.B.A. Account
8	The following bank can open its branch in foreign country	Scheduled bank Non-scheduled bank Both a and b None of the these
9	In financial crises, the central bank issues loan to	Non-scheduled bank Foreign bank Scheduled bank All the above
10	It is necessary for scheduled bank to	Act on the instructions of central bank Submit report to central bank Get the books checked Al the above
11	Non-scheduled bank can	Deal in foreign exchange Attain the of public confidence Open new branch without permission All the above
12	What percentage of total assets a scheduled bank is bound to keep within the country	60% 70% 80% 90%
13	Central bank does not provide the following facility to non-scheduled bank	Rediscounting of bills Clearing house Transfer of money All the above
14	Scheduled bank is registered under state bank of Pakistan Act	1965 1956 1950 None of the above
15	Which of the following banks performs its functions according to the instructions of central bank	Foreign bank Scheduled bank Non-scheduled bank All the above

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