12th class Principle of Banking chapter 6 online mcq test with answers for ICom part 2 Principle of Banking Chapter 6 (Banks Accounts)

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

Sr. #	Questions	Answers Choice
1	Which document a joint stock company has to provide at the time of opening account with bank	Shares Copy of bye-laws Audited annual report of company Certificate of incorporation
2	Why does it necessary for a customer t sign the specimen signature card	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
3	Which of the following is provided to customer for opening the profit and loss term deposit account	Cheque bank Pay-in-slip Pass book Fixed deposits receipt
4	Maintenance of minimum balance is not required in	Current account Basic banking account Saving account None of these
5	What is necessary to continue or keep an account with the bank	Introductory preference Minimum required balance Phone number Political stability
6	Which of the following accounts is non-transferable	Saving account Fixed deposit account Current account None of the above
7	An account holder does not need to write a cheque to withdraw money from following account	Saving account Fixed deposit account Current account None of the above
8	What type of account is preferred by a businessman	Saving account Fixed deposits Current account Foreign currency account
9	The money deposited in the bank is considered by a customer as	Asset Liability Investment Saving
10	Which is demanded by a bank at the time of opening new account	Birth certificate Source of income Educational qualification All of the above
11	On which account a bank does not pay interest	Saving account Fixed deposits Current account All of the above

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