12th class Principle of Banking chapter 6 online mcq test with answers for ICom part 2 Principle of Banking Chapter 6 (Banks Accounts)

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Sr.#	Question	Answer
1	On which account a bank does not pay interest	A. Saving account B. Fixed deposits C. Current account D. All of the above
2	Joint Stock Company can open only.	A. Fixed deposited account B. Saving account C. B.B.A . Account D. Current account
3	Account suitable for business woman.	A. Current account B. Saving account C. Fixed deposite account D. All these
4	A contractual relationship between bank and its customers.	A. Debtor B. Principal C. Bailor D. All of these
5	Which of the followign cannot open account in a bank.	A. Lunatic B. Minor C. Parda Nasheen woman D. All of these
6	What is common between bank and customer.	A. Account No. B. Sereial No C. Drawee D. Cheque No
7	It is the right of a customer to.	A. Draw cheque B. Receive pass book C. Receive cheque book D. All these
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	Maintenance of minimum balance is not required in	A. Current account B. Basic banking account C. Saving account D. None of these
10	Saving accounts encourage the habit of saving among	A. Low income persons B. Investors C. Business people D. All of the above