Question # 1

Thenature of relations between banker and customers is.

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Bailer and Bailee

Agent and principal

Debtor and creditor

All the above

Bank is asked to take care the property of his clinet is called.

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Bailee

Pawnee

Mortagagee

Trustee

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

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Charge commission

Close account without notice

Charge interest on O/D

None of these

Minor person of a bank is one who is below.

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15 years

16 years

18 years

17 years

Account Suitable for business woman

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Current Account

Saving account

Fixed deposited account

All these

When was Islamic Banking System introduced in Pakistan:

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1970

1972

1981

1982

Account suitable for business woman.

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Current account

Saving account

Fixed deposite account

All these

Maintenance of minimum balance is not required in

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Current account

Basic banking account

Saving account

None of these

Termination of banker relatinship by the customer due to.

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Change of place

Death of customer

Poor services

All of these

What is common between bank and customer.

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Account No.

Sereial No

Drawee

Cheque No

Which bank account is exempted from income tax and zakat:

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Saving account

Fixed deposit

Foreign currency account

All of the above

the nature of relations between banker and customers is.

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Bailer and Bailee

Agent and principal

Debtor and creditor

All the above

when customer deposit his money in bank he become.

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Debtor

Bailer

Mortageger

Creditor

Which of the followign cannot open account in a bank.

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Lunatic

Minor

Parda Nasheen woman

All of these

The money deposited in the bank is considered by a customer as

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Asset

Liability

Investment

Saving

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

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