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

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

Question # 2

It is the duty of a customer to.

Question # 3

It is the duty of the bank to.

Question # 4

A pass book is issued to:

Question # 5

A blind person can open account with bank.

Question # 6

What is necessary to continue or keep an account with the bank

Question # 7

What is common between bank and customer.

Question # 8

Saving accounts encourage the habit of saving among

Question # 9

when customer deposit his money in bank he become.

Question # 10

Bank Provide finance on the basis of Mudarba Act as.

Question # 11

Orverdraft facility is not allowed to.

Question # 12

The customer who keep his precious articles in bank for safe custody

Question # 13

When was Islamic Banking System introduced in Pakistan:

Question # 14

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

Question # 15

Pay-in-slip is a written evidence of:

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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 Joint Stock Company can open only.
A. Fixed deposited account
B. Saving account
C. B.B.A . Account
D. Current account
2 Pay-in-slip is a written evidence of:
A. Transferring money
B. Depositing money
C. With draw money
D. All of the above
3 When was Islamic Banking System introduced in Pakistan:
A. 1970
B. 1972
C. 1981
D. 1982
4 What is common between bank and customer.
A. Account No.
B. Sereial No
C. Drawee
D. Cheque No
5 What is necessary to continue or keep an account with the bank
A. Introductory preference
B. Minimum required balance
C. Phone number
D. Political stability
6 A contractual relationship between bank and its customers.
A. Debtor
B. Principal
C. Bailor
D. All of these
7 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
8 Customer can with draw money only after the expiry of fixed time:
A. From saving account
B. From current account
C. From fixed deposit
D. From all of the above
9 Bank is asked to take care the property of his clinet is called.
A. Bailee
B. Pawnee
C. Mortagagee
D. Trustee
10 Person gets finance from bank in terms of Mudarba Act as
A. Mudarib
B. Creditor
C. Aamil
D. None of these

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