More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 7 Online Test MCQs With Answers
Question # 1
Teh value of security should be more than.
Choose an answer
Market value
Cost value
Amount of loan
None of these
Previous
Skip
Next
Question # 2
When goods are made available as security for a loan from bank.
Choose an answer
Hypothecation
Mortagage
None of these
Both a and b
Previous
Skip
Next
Question # 3
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
Previous
Skip
Next
Question # 4
Which of the following takes responsibility to manage the property of another
Choose an answer
Trustee
Bailee
Mortgagee
All the above
Previous
Skip
Next
Question # 5
The main sources of a bank funds are.
Choose an answer
Deposits
Bank own funds
Both a and b
None of these
Previous
Skip
Next
Question # 6
Joint-stock company can open the following account in bank
Choose an answer
Fixed
Current
Saving
All the above
Previous
Skip
Next
Question # 7
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
Previous
Skip
Next
Question # 8
Overdraft is also knonw as.
Choose an answer
Cash Credit
Running finace
Cash finance
All the above
Previous
Skip
Next
Question # 9
The loan given against some security are known as.
Choose an answer
Unsecured loans
Demand loans
Secured loans
All the above
Previous
Skip
Next
Question # 10
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
Previous
Skip
Next
Question # 11
When bank provides finance to its customer under an agreement of Modaraba, the customer becomes
Choose an answer
Consumer
Zarib
Aamal
None of the above
Previous
Skip
Next
Question # 12
Which of the following terms is used regarding the confirmation of death of bank customer
Choose an answer
Stopped account
Cancelled account
Deceased account
Closed account
Previous
Skip
Next
Question # 13
Which of the followingis highly marketable security.
Choose an answer
Documents of title
Goods and produce
Shares and debentures
all the above
Previous
Skip
Next
Question # 14
Account suitbale for business woman.
Choose an answer
Current account
Saving account
Fixed deposit account
None of these
Previous
Skip
Next
Question # 15
Quality of good security includes.
Choose an answer
Easy salable
Disputed
Source of expense
All these
Previous
Skip
Next
Question # 16
The bank of charges interest on.
Choose an answer
Deposits
Overdraft
Running finace
Both b and c
Previous
Skip
Next
Back