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
ic

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 Which of the followingis highly marketable security.
  • A. Documents of title
  • B. Goods and produce
  • C. Shares and debentures
  • D. all the above
2 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
3 When customer deposits his money in a bank, he becomes
  • A. Mortgagee
  • B. Creditor
  • C. Debtor
  • D. None of the above
4 What is the status of an account if opened by a government institution
  • A. A non-trading concern
  • B. An individual
  • C. A joint-stock company
  • D. A joint customer
5 The other name of cash credit is.
  • A. Overdraft
  • B. Cash finance
  • C. Runnign finance
  • D. None of these
6 When a person deposits money in a bank, it is the beginning of
  • A. Bank and customer business
  • B. Bank and customer relationship
  • C. Lending and borrowing between bank and customer
  • D. Relation of confidence and trust
7 Which of the following relationships occurs if a customer deposits his money in a bank
  • A. Bank as a debtor and customer as a creditor
  • B. Bank as a creditor and customer as a debtor
  • C. Bank as an agent and customer as a principle
  • D. Bank a modarib and customer as an aamal
8 A good security is one which is.
  • A. Perishable
  • B. Marketable
  • C. Disputed
  • D. All the above
9 Joint-stock company can open the following account in bank
  • A. Fixed
  • B. Current
  • C. Saving
  • D. All the above
10 Teh value of security should be more than.
  • A. Market value
  • B. Cost value
  • C. Amount of loan
  • D. None of these

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer