ICOM Part 2 English Medium Principles of Banking Chapter 6 MCQ's Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 6 (Banks Accounts)

ICOM Part 2 English Medium Principles of Banking Chapter 6 MCQ's Test

Start Chapter 6 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 6 (Banks Accounts)

Sr. # Questions Answers Choice
1 Which Fiqah does allow the deduction of Zakat in the application form of account opening
  • A. Hindu
  • B. Shia
  • C. Sunni
  • D. None of the above
2 The amount of money in the amount of account holder is called:
  • A. Profit
  • B. Interest
  • C. Deposit
  • D. Loan
3 Customer can withdraw money only after the expiry of fixed time
  • A. From saving account
  • B. From current account
  • C. From fixed deposit
  • D. From all the above
4 A form of written agreement between the customer and his bank is.
  • A. Cheque book
  • B. Bank Statement
  • C. A/c opening form
  • D. Pass book
5 The person who pledges the goods with the banker as security is called.
  • A. Pledgee
  • B. Mortagager
  • C. Pledger
  • D. Mortagagee
6 The person who opens a bank account is called:
  • A. Owner of bank
  • B. Customer of bank
  • C. Employee of bank
  • D. None of them
7 Why does it necessary for a customer t sign the specimen signature card
  • A. To match with the signatures when cheque is presented for payment
  • B. To make exercise of signatures
  • C. To complete documentary requirements
  • D. To obtain new cheque book
8 Person gets finance from bank in terms of Mudarba Act as
  • A. Mudarib
  • B. Creditor
  • C. Aamil
  • D. None of these
9 Illiterate person provies on cheque for his indentification.
  • A. Photograph
  • B. Birth Certificate
  • C. Thum Impression
  • D. All these
10 The person who is committed to manager the property of other.
  • A. Trustee
  • B. Bailee
  • C. Morggagee
  • D. None of these

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