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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 7 Online Test MCQs With Answers
Question # 1
Before opening account in bank, a married women is asked about her:
Choose an answer
Husband's name
Father's name
Mother's name
All of the above
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Question # 2
Which of the following relationships occurs if a customer deposits his money in a bank
Choose an answer
Bank as a debtor and customer as a creditor
Bank as a creditor and customer as a debtor
Bank as an agent and customer as a principle
Bank a modarib and customer as an aamal
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Question # 3
Head of any government institution can open account with a bank in the capacity of
Choose an answer
Consumer
Principal
Employee
None of the above
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Question # 4
Bank Should advance loan to only those who are storng.
Choose an answer
Domestically
Socially
Financially
None of these
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Question # 5
Which of the following customers does not have more rights on bank:
Choose an answer
Individual customer
Joint customer
Minor customer
All have the same
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Question # 6
The loan given against some security are known as.
Choose an answer
Unsecured loans
Demand loans
Secured loans
All the above
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Question # 7
The main sources of a bank funds are.
Choose an answer
Deposits
Bank own funds
Both a and b
None of these
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Question # 8
Which of the following cannot open account in a bank
Choose an answer
Pargah-nasheen women
Minor or infant
Lunatic or mental patient
Non-trading concern
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Question # 9
Which of the followingis highly marketable security.
Choose an answer
Documents of title
Goods and produce
Shares and debentures
all the above
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Question # 10
The bank of charges interest on.
Choose an answer
Deposits
Overdraft
Running finace
Both b and c
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Question # 11
If an old joint stock company opens the account then a bank demands for last few years:
Choose an answer
Balance sheet
Annual report
Both (a) & (b)
None of the above
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Question # 12
Relation between banker and customer terminates, when a :
Choose an answer
Customer becomes mad or lunatic
Customer becomes insane or mental
Customer dies
All od the above
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Question # 13
Overdraft is also knonw as.
Choose an answer
Cash Credit
Running finace
Cash finance
All the above
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Question # 14
Documents of title to goods includes.
Choose an answer
Dock warrant
Bill of lading
Delivery order
All the above
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Question # 15
A form of written agreement between bank and customer is
Choose an answer
Cheque book
Pass book
Application form for opening account
None of the above
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