Question # 1

The amount of money in the amount of account holder is called:

Choose an answer

Profit

Interest

Deposit

Loan

A contractual relationship between bank and its customers.

Choose an answer

Debtor

Principal

Bailor

All of these

What is common between bank and customer

Choose an answer

Account no.

Cheque no.

Serial no

Drawee

Minor person of a bank is one who is below.

Choose an answer

15 years

16 years

18 years

17 years

The person who opens a bank account is called:

Choose an answer

Owner of bank

Customer of bank

Employee of bank

None of them

It is the right of the bank to.

Choose an answer

Right to lien

Charge of services

Right of setting off

All these

Which document a joint stock company has to provide at the time of opening account with bank

Choose an answer

Shares

Copy of bye-laws

Audited annual report of company

Certificate of incorporation

Which of the following is not a right of a bank.

Choose an answer

Charge commission

Close account without notice

Charge interest on O/D

None of these

On which account a bank does not pay interest

Choose an answer

Saving account

Fixed deposits

Current account

All of the above

Pay-in-slip is a written evidence of:

Choose an answer

Transferring money

Depositing money

With draw money

All of the above

A form of written agreement between the customer and his bank is.

Choose an answer

Cheque book

Bank Statement

A/c opening form

Pass book

The person who is committed to manager the property of other.

Choose an answer

Trustee

Bailee

Morggagee

None of these

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

Choose an answer

Saving account

Fixed deposit account

Current account

None of the above

Which of the following is the valid method of making payment.

Choose an answer

Credit card

pay order

Bank Draft

All of these

Which bank account continues after the with drawal of total amount:

Choose an answer

Current saving

Fixed deposit

Saving account

All of the above

More Classes

Other Links

Principles of Banking Icom Part 2 English Medium Chapter 6 Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer