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

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 6 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 6 Online Test

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Question # 1

What is necessary to continue or keep an account with the bank

Question # 2

Which Fiqah does allow the deduction of Zakat in the application form of account opening

Question # 3

The amount of money in the amount of account holder is called:

Question # 4

Minor person of a bank is one who is below.

Question # 5

It is the right of a customer to.

Question # 6

Which of the following is provided to customer for opening the profit and loss term deposit account

Question # 7

On which account a bank does not pay interest

Question # 8

A pass book is issued to:

Question # 9

What is common between bank and customer

Question # 10

A blind person can open account with bank.

Question # 11

Customer can with draw money only after the expiry of fixed time:

Question # 12

The person who opens a bank account is called:

Question # 13

Pay-in-slip is a written evidence of:

Question # 14

Adjusting a debit balance against a credit balance by the bank is called.

Question # 15

When two or more persons open an account under a single title is called.

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

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 When was Islamic Banking System introduced in Pakistan:
A. 1970
B. 1972
C. 1981
D. 1982
2 Joint Stock Company can open only.
A. Fixed deposited account
B. Saving account
C. B.B.A . Account
D. Current account
3 Rate of interest in case of fixed deposit is
A. Low
B. High
C. Both
D. None of the above
4 Which of the following is provided to customer for opening the profit and loss term deposit account
A. Cheque bank
B. Pay-in-slip
C. Pass book
D. Fixed deposits receipt
5 Which document a joint stock company has to provide at the time of opening account with bank
A. Shares
B. Copy of bye-laws
C. Audited annual report of company
D. Certificate of incorporation
6 Account suitable for business woman.
A. Current account
B. Saving account
C. Fixed deposite account
D. All these
7 The money deposited in the bank is considered by a customer as
A. Asset
B. Liability
C. Investment
D. Saving
8 Illiterate person provies on cheque for his indentification.
A. Photograph
B. Birth Certificate
C. Thum Impression
D. All these
9 Which of the following accounts is non-transferable
A. Saving account
B. Fixed deposit account
C. Current account
D. None of the above
10 Bank Provide finance on the basis of Mudarba Act as.
A. Aamil
B. Mudarib
C. Debtor
D. None of these

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