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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
It is necessary for scheduled bank to
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Act on the instructions of central bank
Submit report to central bank
Get the books checked
Al the above
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Question # 2
What is the example of non scheduled bank
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Sindh provincial cooperative bank
Meezan bank
Habib bank
Allied bank
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Question # 3
Who does get the benefit of opening an account in bank.
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Bank
Account Holder
Government
All these
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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
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 # 6
All information of pass book is filled by.
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Bank offcials
Payee
Drawer
Account Holder
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Question # 7
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 # 8
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 # 9
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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Question # 10
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 # 11
Credit cards payment are considered.
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Credit payment
Cash Payment
Both a and b
None of these
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Question # 12
Scheduled banks means a bank which is registered with
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Stock exchange
Central bank
World bank
All of the above
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Question # 13
Who can issue participation term certificates.
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Firm
Company
Cooperative society
All of these
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Question # 14
Account Suitable for businessmen
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Saving account
Fixed Account
PLS account
Current Account
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Question # 15
What is the example of Scheduled bank
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Habib bank Ltd.
Allied bank Ltd. in Pakistan
Both a and b
None of these
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Question # 16
the loans which cna be demanded back by bank at any time are called.
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Short term loans
Overdrats
Demand loans
Running Finance
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Question # 17
Non-scheduled bank can
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Deal in foreign exchange
Attain the of public confidence
Open new branch without permission
All the above
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Question # 18
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 # 19
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 # 20
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 # 21
Running Finance is also known as.
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Saving Account
Current Account
Overdraft
Fixed Account
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Question # 22
Account suitable for salaried person.
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Fixed Deposit account
Current Account
Saving Account
Term Deposit Account
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Question # 23
Account example from Zakat and Tax
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B.B.A. Account
Current account
Foreign Currency Account
None of these
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