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

What type of account is preferred by a businessman

Question # 3

Person gets finance from bank in terms of Mudarba Act as

Question # 4

It is the duty of the bank to.

Question # 5

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

Question # 6

Customer can withdraw money only after the expiry of fixed time

Question # 7

Which is demanded by a bank at the time of opening new account

Question # 8

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

Question # 9

On which account a bank does not pay interest

Question # 10

Rate of interest in case of fixed deposit is

Question # 11

Illiterate person provies on cheque for his indentification.

Question # 12

It is the right of a customer to.

Question # 13

Which bank account is exempted from income tax and zakat:

Question # 14

Orverdraft facility is not allowed to.

Question # 15

Saving accounts encourage the habit of saving among

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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 Which of the following is the valid method of making payment.
A. Credit card
B. pay order
C. Bank Draft
D. All of these
2 Thenature of relations between banker and customers is.
A. Bailer and Bailee
B. Agent and principal
C. Debtor and creditor
D. All the above
3 Which of the followign cannot open account in a bank.
A. Lunatic
B. Minor
C. Parda Nasheen woman
D. All of these
4 A customer places his valuables with thebank for safe custody is called.
A. Debtor
B. Bailor
C. Bailee
D. Creditor
5 Minor person of a bank is one who is below.
A. 15 years
B. 16 years
C. 18 years
D. 17 years
6 It is the duty of a customer to.
A. Follow banking hours
B. Safety of cheque book
C. Care ful filling of cheque
D. All these
7 When two or more persons open an account under a single title is called.
A. Joint Account
B. Single title account
C. B.B.A. Account
D. None of these
8 Which of the following accounts is non-transferable
A. Saving account
B. Fixed deposit account
C. Current account
D. None of the above
9 What is common between bank and customer
A. Account no.
B. Cheque no.
C. Serial no
D. Drawee
10 The person who pledges the goods with the banker as security is called.
A. Pledgee
B. Mortagager
C. Pledger
D. Mortagagee

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