7th Chapter

12th Principles of Banking Chapter 7 Test

Here you can prepare 12th Class Principles of Banking Chapter 1 Banker and Customer Relationship Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 7 online mcq test with answers for ICom part 2 Principle of Banking Chapter 7 (Banker and Customer Relationship)

This online test contains MCQs about following topics:

. Definition of banker and customer . Relationship between banker and customer . Rights and duties of customer . Rights and duties of banker . Termination of relationship . Kinds of banks's customer and their characteristics

ICOM Part 2 Banking Ch 7 Test
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12th class Principle of Banking chapter 7 online mcq test with answers for ICom part 2 Principle of Banking Chapter 7 (Banker and Customer Relationship)

Sr. # Questions Answers Choice
1 Illiterate person provides to bank for his identification
  • A. Birth certificate
  • B. Impression of thumb
  • C. Photograph
  • D. All the above
2 The loan given against some security are known as.
  • A. Unsecured loans
  • B. Demand loans
  • C. Secured loans
  • D. All the above
3 The nature of relation between bank and customers is:
  • A. Deptor and creditor
  • B. Agent and principal
  • C. Bailer and bailee
  • D. All of the above
4 The main sources of a bank funds are.
  • A. Deposits
  • B. Bank own funds
  • C. Both a and b
  • D. None of these
5 The loan against which no security is kept by bank are.
  • A. Secured loans
  • B. Unsecured loans
  • C. Demand loans
  • D. None of these
6 When a bank accepts real estate as security by way of mortgage then it is called
  • A. Aamal
  • B. Zarib
  • C. Mortgager
  • D. Mortgagee
7 Married women can open following account in bank:
  • A. Saving account
  • B. Current account
  • C. Fixed amount
  • D. All of the above
8 Documents of title to goods includes.
  • A. Dock warrant
  • B. Bill of lading
  • C. Delivery order
  • D. All the above
9 A form of written agreement between bank and customer is
  • A. Cheque book
  • B. Pass book
  • C. Application form for opening account
  • D. None of the above
10 Which of the following terms is used regarding the confirmation of death of bank customer
  • A. Stopped account
  • B. Cancelled account
  • C. Deceased account
  • D. Closed account

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