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)

Principles of Banking Icom Part 2 English Medium Chapter 7 Online Test

Sr. #	Questions	Answers Choice
1	A good security is one which is.	Perishable Marketable Disputed All the above
2	Pledge means loan given against	Immovable property Movable property Botha a and b None of these
3	The bank of charges interest on.	Deposits Overdraft Running finace Both b and c
4	The loans which can be demanded back by bank at any time are.	Short term loans Medium Tem loans Long term loans Demand loans
5	The loan against which no security is kept by bank are.	Secured loans Unsecured loans Demand loans None of these
6	The loan given against some security are known as.	Unsecured loans Demand loans Secured loans All the above
7	Account suitbale for business woman.	Current account Saving account Fixed deposit account None of these
8	Difference between hypothecation and pledge is.	Possession of goods Ownership Possession of documents None of these
9	The main uses of bank funds are.	Cash reserve Granting loan Issuing shares None of these
10	Which of the followingis highly marketable security.	Documents of title Goods and produce Shares and debentures all the above
11	The main sources of a bank funds are.	Deposits Bank own funds Both a and b None of these
12	If an old joint stock company opens the account then a bank demands for last few years:	Balance sheet Annual report Both (a) & (b) None of the above
13	A trustee is the:	Owner of property Care taker of property Mortgagee of property None of the above
14	Before opening account in bank, a married women is asked about her:	Husband's name Father's name Mother's name All of the above
15	Married women can open following account in bank:	Saving account Current account Fixed amount All of the above

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