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 type of account is preferred by a businessman

Question # 2

Pay-in-slip is a written evidence of:

Question # 3

What is common between bank and customer

Question # 4

A contractual relationship between bank and its customers.

Question # 5

Which of the following is not a right of a bank.

Question # 6

Bank Provide finance on the basis of Mudarba Act as.

Question # 7

Rate of interest in case of fixed deposit is

Question # 8

Saving accounts encourage the habit of saving among

Question # 9

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

Question # 10

when customer deposit his money in bank he become.

Question # 11

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

Question # 12

A form of written agreement between the customer and his bank is.

Question # 13

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

Question # 14

Account Suitable for business woman

Question # 15

Which document a joint stock company has to provide at the time of opening account with bank

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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 What type of account is preferred by a businessman
A. Saving account
B. Fixed deposits
C. Current account
D. Foreign currency account
2 Illiterate person provies on cheque for his indentification.
A. Photograph
B. Birth Certificate
C. Thum Impression
D. All these
3 On which account a bank does not pay interest
A. Saving account
B. Fixed deposits
C. Current account
D. All of the above
4 the nature of relations between banker and customers is.
A. Bailer and Bailee
B. Agent and principal
C. Debtor and creditor
D. All the above
5 Rate of interest in case of fixed deposit is
A. Low
B. High
C. Both
D. None of the above
6 Maintenance of minimum balance is not required in
A. Current account
B. Basic banking account
C. Saving account
D. None of these
7 Orverdraft facility is not allowed to.
A. Minor
B. Lunatic
C. Parda Nasheen woman
D. Both b and c
8 Bank Provide finance on the basis of Mudarba Act as.
A. Aamil
B. Mudarib
C. Debtor
D. None of these
9 A contractual relationship between bank and its customers.
A. Debtor
B. Principal
C. Bailor
D. All of these
10 The person who pledges the goods with the banker as security is called.
A. Pledgee
B. Mortagager
C. Pledger
D. Mortagagee

Test Questions

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