ICOM Part 2 English Medium Principles of Banking Chapter 6 MCQ's Test

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

Start Chapter 6 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 6 (Banks Accounts)

Sr. # Questions Answers Choice
1 It is the right of a customer to.
  • A. Draw cheque
  • B. Receive pass book
  • C. Receive cheque book
  • D. All these
2 Maintenance of minimum balance is not required in
  • A. Current account
  • B. Basic banking account
  • C. Saving account
  • D. None of these
3 A contractual relationship between bank and its customers.
  • A. Debtor
  • B. Principal
  • C. Bailor
  • D. All of these
4 Bank is asked to take care the property of his clinet is called.
  • A. Bailee
  • B. Pawnee
  • C. Mortagagee
  • D. Trustee
5 Which bank account continues after the with drawal of total amount:
  • A. Current saving
  • B. Fixed deposit
  • C. Saving account
  • D. All of the above
6 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
7 The money deposited in the bank is considered by a customer as
  • A. Asset
  • B. Liability
  • C. Investment
  • D. Saving
8 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
9 What type of account is preferred by a businessman
  • A. Saving account
  • B. Fixed deposits
  • C. Current account
  • D. Foreign currency account
10 Orverdraft facility is not allowed to.
  • A. Minor
  • B. Lunatic
  • C. Parda Nasheen woman
  • D. Both b and c

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

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Lahore15 - May - 2025

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02 Mins 33 Sec

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