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

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

Sr. # Questions Answers Choice
1 Which of the followign cannot open account in a bank. Lunatic Minor Parda Nasheen woman All of these
2 Which of the following is the valid method of making payment. Credit card pay order Bank Draft All of these
3 Which of the following is not a right of a bank. Charge commission Close account without notice Charge interest on O/D None of these
4 A contractual relationship between bank and its customers. Debtor Principal Bailor All of these
5 Termination of banker relatinship by the customer due to. Change of place Death of customer Poor services All of these
6 When two or more persons open an account under a single title is called. Joint Account Single title account B.B.A. Account None of these
7 A form of written agreement between the customer and his bank is. Cheque book Bank Statement A/c opening form Pass book
8 It is the duty of a customer to. Follow banking hours Safety of cheque book Care ful filling of cheque All these
9 It is the right of a customer to. Draw cheque Receive pass book Receive cheque book All these
10 It is the right of the bank to. Right to lien Charge of services Right of setting off All these
11 Adjusting a debit balance against a credit balance by the bank is called. Balancing Adjustment Setting off All these
12 It is the duty of the bank to. Honor cheque Keep secrecy Safe custody All these
13 Bank is asked to take care the property of his clinet is called. Bailee Pawnee Mortagagee Trustee
14 A customer places his valuables with thebank for safe custody is called. Debtor Bailor Bailee Creditor
15 The person who pledges the goods with the banker as security is called. Pledgee Mortagager Pledger Mortagagee
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