Question # 1

Saving accounts encourage the habit of saving among

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Low income persons

Investors

Business people

All of the above

Why does it necessary for a customer t sign the specimen signature card

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To match with the signatures when cheque is presented for payment

To make exercise of signatures

To complete documentary requirements

To obtain new cheque book

The customer who keep his precious articles in bank for safe custody

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Bailer

Creditor

Debtor

Morgagagers

Pay-in-slip is a written evidence of:

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Transferring money

Depositing money

With draw money

All of the above

Saving account can be opened by:

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An individual

A group of persons

The institutions

All of the above

It is the right of a customer to.

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Draw cheque

Receive pass book

Receive cheque book

All these

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

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Cheque book

Bank Statement

A/c opening form

Pass book

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

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Pledgee

Mortagager

Pledger

Mortagagee

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

when customer deposit his money in bank he become.

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Debtor

Bailer

Mortageger

Creditor

Adjusting a debit balance against a credit balance by the bank is called.

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Balancing

Adjustment

Setting off

All these

Illiterate person provies on cheque for his indentification.

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Photograph

Birth Certificate

Thum Impression

All these

A pass book is issued to:

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Current accountholder

Saving accountholder

Both A & B

None of the above

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

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Asset

Liability

Investment

Saving

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

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Saving account

Fixed deposit account

Current account

None of the above

Bank Provide finance on the basis of Mudarba Act as.

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Aamil

Mudarib

Debtor

None of these

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