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 when customer deposit his money in bank he become.
  • A. Debtor
  • B. Bailer
  • C. Mortageger
  • D. Creditor
2 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
3 It is the duty of the bank to.
  • A. Honor cheque
  • B. Keep secrecy
  • C. Safe custody
  • D. All these
4 Saving account can be opened by:
  • A. An individual
  • B. A group of persons
  • C. The institutions
  • D. All of the above
5 Rate of interest in case of fixed deposit is
  • A. Low
  • B. High
  • C. Both
  • D. None of the above
6 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
7 Which of the followign cannot open account in a bank.
  • A. Lunatic
  • B. Minor
  • C. Parda Nasheen woman
  • D. All of these
8 Saving accounts encourage the habit of saving among
  • A. Low income persons
  • B. Investors
  • C. Business people
  • D. All of the above
9 An account holder does not need to write a cheque to withdraw money from following account
  • 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

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

F

Fatima Raja

Lahore16 - Dec - 2024

13/15
02 Mins 53 Sec

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