Question # 1

Bank Should advance loan to only those who are storng.

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Domestically

Socially

Financially

None of these

Which of the following customers does not have more rights on bank:

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Individual customer

Joint customer

Minor customer

All have the same

When a person deposits money in a bank, it is the beginning of

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Bank and customer business

Bank and customer relationship

Lending and borrowing between bank and customer

Relation of confidence and trust

The bank can cover the loan by selling out the.

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Capital

Credit card

Security

None of these

Quality of good security includes.

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Easy salable

Disputed

Source of expense

All these

If an old joint stock company opens the account then a bank demands for last few years:

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Balance sheet

Annual report

Both (a) & (b)

None of the above

Principle of advancing loan by bank are.

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Principle of income

Principle of safety

Principal of liquidity

All the above

A form of written agreement between bank and customer is

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Cheque book

Pass book

Application form for opening account

None of the above

Which of the following cannot open account in a bank

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Pargah-nasheen women

Minor or infant

Lunatic or mental patient

Non-trading concern

The loans which can be demanded back by bank at any time are.

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Short term loans

Medium Tem loans

Long term loans

Demand loans

Before opening account in bank, a married women is asked about her:

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Husband's name

Father's name

Mother's name

All of the above

Bank is bound to honour the cheque of customer if:

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Required amount is available in amount

Cheque is according to rules of conduct

There is no restriction by government

All of the above

The document which reveals the ownership of goods kept on port.

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Bill of lading

Dock warrant

Railway recipt

Deliery order

A trustee is the:

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Owner of property

Care taker of property

Mortgagee of property

None of the above

Example of marketble security are.

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Debentures

Shares

Postal order

Both a and b

The nature of relation between bank and customers is:

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Deptor and creditor

Agent and principal

Bailer and bailee

All of the above

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

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