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

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

Question # 2

Illiterate person provies on cheque for his indentification.

Question # 3

The money deposited in the bank is considered by a customer as

Question # 4

A customer places his valuables with thebank for safe custody is called.

Question # 5

when customer deposit his money in bank he become.

Question # 6

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

Question # 7

Account Suitable for business woman

Question # 8

An account holder does not need to write a cheque to withdraw money from following account

Question # 9

It is the duty of a customer to.

Question # 10

It is the right of a customer to.

Question # 11

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

Question # 12

Maintenance of minimum balance is not required in

Question # 13

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

Question # 14

Which of the following accounts is non-transferable

Question # 15

Bank is asked to take care the property of his clinet 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 The customer who keep his precious articles in bank for safe custody
A. Bailer
B. Creditor
C. Debtor
D. Morgagagers
2 What type of account is preferred by a businessman
A. Saving account
B. Fixed deposits
C. Current account
D. Foreign currency account
3 Which of the following is not a right of a bank.
A. Charge commission
B. Close account without notice
C. Charge interest on O/D
D. None of these
4 Which of the following accounts is non-transferable
A. Saving account
B. Fixed deposit account
C. Current account
D. None of the above
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 The amount of money in the amount of account holder is called:
A. Profit
B. Interest
C. Deposit
D. Loan
7 A pass book is issued to:
A. Current accountholder
B. Saving accountholder
C. Both A & B
D. None of the above
8 Termination of banker relatinship by the customer due to.
A. Change of place
B. Death of customer
C. Poor services
D. All of these
9 Bank Provide finance on the basis of Mudarba Act as.
A. Aamil
B. Mudarib
C. Debtor
D. None of these
10 When was Islamic Banking System introduced in Pakistan:
A. 1970
B. 1972
C. 1981
D. 1982

Test Questions