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	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
2	It is the duty of the bank to.	A. Honor cheque B. Keep secrecy C. Safe custody D. All these
3	What is common between bank and customer	A. Account no. B. Cheque no. C. Serial no D. Drawee
4	Thenature of relations between banker and customers is.	A. Bailer and Bailee B. Agent and principal C. Debtor and creditor D. All the above
5	What type of account is preferred by a businessman	A. Saving account B. Fixed deposits C. Current account D. Foreign currency account
6	Why does it necessary for a customer t sign the specimen signature card	A. To match with the signatures when cheque is presented for payment B. To make exercise of signatures C. To complete documentary requirements D. To obtain new cheque book
7	Which of the following accounts is non-transferable	A. Saving account B. Fixed deposit account C. Current account D. None of the above
8	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
9	Bank is asked to take care the property of his clinet is called.	A. Bailee B. Pawnee C. Mortagagee D. Trustee
10	On which account a bank does not pay interest	A. Saving account B. Fixed deposits C. Current account D. All of the above