6th Chapter

12th Principles of Banking Chapter 6 Test

Here you can prepare 12th Class Principles of Banking Chapter 6 Banks Accounts Test. Click the button for 100% free full practice test.

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

This online test contains MCQs about following topics:

. Introduction and definition of bank account . Causes of opening a bank account . Procedure of opening a bank account . Precaution of bank before opening an account . Documents of bank . Types of bank accounts . Comparison of different bank accounts . Merits of opening bank account

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

Sr. # Questions Answers Choice
1 It is the right of the bank to.
  • A. Right to lien
  • B. Charge of services
  • C. Right of setting off
  • D. All these
2 A form of written agreement between the customer and his bank is.
  • A. Cheque book
  • B. Bank Statement
  • C. A/c opening form
  • D. Pass book
3 The person who pledges the goods with the banker as security is called.
  • A. Pledgee
  • B. Mortagager
  • C. Pledger
  • D. Mortagagee
4 What type of account is preferred by a businessman
  • A. Saving account
  • B. Fixed deposits
  • C. Current account
  • D. Foreign currency account
5 Account suitable for business woman.
  • A. Current account
  • B. Saving account
  • C. Fixed deposite account
  • D. All these
6 The customer who keep his precious articles in bank for safe custody
  • A. Bailer
  • B. Creditor
  • C. Debtor
  • D. Morgagagers
7 On which account a bank does not pay interest
  • A. Saving account
  • B. Fixed deposits
  • C. Current account
  • D. All of the above
8 The amount of money in the amount of account holder is called:
  • A. Profit
  • B. Interest
  • C. Deposit
  • D. Loan
9 Which Fiqah does allow the deduction of Zakat in the application form of account opening
  • A. Hindu
  • B. Shia
  • C. Sunni
  • D. None of the above
10 What is common between bank and customer
  • A. Account no.
  • B. Cheque no.
  • C. Serial no
  • D. Drawee

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