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	Which of the following customers does not have more rights on bank:	Individual customer Joint customer Minor customer All have the same
2	The nature of relation between bank and customers is:	Deptor and creditor Agent and principal Bailer and bailee All of the above
3	Bank is bound to honour the cheque of customer if:	Required amount is available in amount Cheque is according to rules of conduct There is no restriction by government All of the above
4	Relation between banker and customer terminates, when a :	Customer becomes mad or lunatic Customer becomes insane or mental Customer dies All od the above
5	Who is responsible for loan in case of joint customer:	All partners of persons Person having authority to deal with bank Active partner None of the above
6	A form of written agreement between bank and customer is	Cheque book Pass book Application form for opening account None of the above
7	Which of the following cannot open account in a bank	Pargah-nasheen women Minor or infant Lunatic or mental patient Non-trading concern
8	When a person deposits money in a bank, it is the beginning of	Bank and customer business Bank and customer relationship Lending and borrowing between bank and customer Relation of confidence and trust
9	Which of the following terms is used regarding the confirmation of death of bank customer	Stopped account Cancelled account Deceased account Closed account
10	What is the status of an account if opened by a government institution	A non-trading concern An individual A joint-stock company A joint customer
11	Which of the following takes responsibility to manage the property of another	Trustee Bailee Mortgagee All the above
12	Which of the following relationships occurs if a customer deposits his money in a bank	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
13	Head of any government institution can open account with a bank in the capacity of	Consumer Principal Employee None of the above
14	Clubs, cooperative societies, and associations etc. are entitled as following concern	Partnership Non-trading Trading All the above
15	When customer deposits his money in a bank, he becomes	Mortgagee Creditor Debtor None of the above

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