6th Chapter

12th Principles of Banking Chapter 6 Test

Here you can prepare 12th Class Principles of Banking Chapter 6 Banks Accounts Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 6 online mcq test with answers for ICom part 2 Principle of Banking Chapter 6 (Banks Accounts)

This online test contains MCQs about following topics:

. Introduction and definition of bank account . Causes of opening a bank account . Procedure of opening a bank account . Precaution of bank before opening an account . Documents of bank . Types of bank accounts . Comparison of different bank accounts . Merits of opening bank account

ICOM Part 2 Banking Ch 6 Test
ic

12th class Principle of Banking chapter 6 online mcq test with answers for ICom part 2 Principle of Banking Chapter 6 (Banks Accounts)

Sr. # Questions Answers Choice
1 On which account a bank does not pay interest
  • A. Saving account
  • B. Fixed deposits
  • C. Current account
  • D. All of the above
2 Which of the following is the valid method of making payment.
  • A. Credit card
  • B. pay order
  • C. Bank Draft
  • D. All of these
3 Maintenance of minimum balance is not required in
  • A. Current account
  • B. Basic banking account
  • C. Saving account
  • D. None of these
4 The person who pledges the goods with the banker as security is called.
  • A. Pledgee
  • B. Mortagager
  • C. Pledger
  • D. Mortagagee
5 Orverdraft facility is not allowed to.
  • A. Minor
  • B. Lunatic
  • C. Parda Nasheen woman
  • D. Both b and c
6 Joint Stock Company can open only.
  • A. Fixed deposited account
  • B. Saving account
  • C. B.B.A . Account
  • D. Current account
7 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
8 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
9 Person gets finance from bank in terms of Mudarba Act as
  • A. Mudarib
  • B. Creditor
  • C. Aamil
  • D. None of these
10 Pay-in-slip is a written evidence of:
  • A. Transferring money
  • B. Depositing money
  • C. With draw money
  • D. All of the above

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer