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

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Principles of Banking Icom Part 2 English Medium Online Test

Sr. # Questions Answers Choice
1 Termination of banker relatinship by the customer due to. Change of place Death of customer Poor services All of these
2 When two or more persons open an account under a single title is called. Joint Account Single title account B.B.A. Account None of these
3 A form of written agreement between the customer and his bank is. Cheque book Bank Statement A/c opening form Pass book
4 It is the duty of a customer to. Follow banking hours Safety of cheque book Care ful filling of cheque All these
5 It is the right of a customer to. Draw cheque Receive pass book Receive cheque book All these
6 It is the right of the bank to. Right to lien Charge of services Right of setting off All these
7 Adjusting a debit balance against a credit balance by the bank is called. Balancing Adjustment Setting off All these
8 It is the duty of the bank to. Honor cheque Keep secrecy Safe custody All these
9 Bank is asked to take care the property of his clinet is called. Bailee Pawnee Mortagagee Trustee
10 A customer places his valuables with thebank for safe custody is called. Debtor Bailor Bailee Creditor
11 The person who pledges the goods with the banker as security is called. Pledgee Mortagager Pledger Mortagagee
12 Person gets finance from bank in terms of Mudarba Act as Mudarib Creditor Aamil None of these
13 Bank Provide finance on the basis of Mudarba Act as. Aamil Mudarib Debtor None of these
14 A blind person can open account with bank. Current account Fixed deposit account Saving account All the above
15 Minor person of a bank is one who is below. 15 years 16 years 18 years 17 years
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