Question # 1

Which of the followign cannot open account in a bank.

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Lunatic

Minor

Parda Nasheen woman

All of these

Which of the following is provided to customer for opening the profit and loss term deposit account

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Cheque bank

Pay-in-slip

Pass book

Fixed deposits receipt

What is necessary to continue or keep an account with the bank

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Introductory preference

Minimum required balance

Phone number

Political stability

Account suitable for business woman.

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Current account

Saving account

Fixed deposite account

All these

The person who pledges the goods with the banker as security is called.

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Pledgee

Mortagager

Pledger

Mortagagee

Saving account can be opened by:

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An individual

A group of persons

The institutions

All of the above

Bank Provide finance on the basis of Mudarba Act as.

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Aamil

Mudarib

Debtor

None of these

What is common between bank and customer

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Account no.

Cheque no.

Serial no

Drawee

When two or more persons open an account under a single title is called.

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Joint Account

Single title account

B.B.A. Account

None of these

The person who opens a bank account is called:

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Owner of bank

Customer of bank

Employee of bank

None of them

Which Fiqah does allow the deduction of Zakat in the application form of account opening

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Hindu

Shia

Sunni

None of the above

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

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Shares

Copy of bye-laws

Audited annual report of company

Certificate of incorporation

Thenature of relations between banker and customers is.

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Bailer and Bailee

Agent and principal

Debtor and creditor

All the above

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

A customer places his valuables with thebank for safe custody is called.

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Debtor

Bailor

Bailee

Creditor

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

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Current saving

Fixed deposit

Saving account

All of the above

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