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 Any Co.which transact the business of banking in Pakistan. Chartered co. Joint stock co. Banking co. All of these
2 the loans which cna be demanded back by bank at any time are called. Short term loans Overdrats Demand loans Running Finance
3 The person who opens an account with the bank is called Employee of bank Customer of bank Account holder of bank Owner of bank
4 The person who opens an account with the bank is called Employee of bank Customer of bank Account holder of bank Owner of bank
5 The person who opens an account with the bank is called Employee of bank Customer of bank Account holder of bank Owner of bank
6 A Joint Stock company opens the account in the bank. Saving Bank Current Account B.B.A. Account Term Deposit Account
7 Which account is considered a nn transferable account. Saving Account Current Account B.B.A. Account Term Deposit Account
8 The slip which is used to deposit money into bank account. Deposit slip Pay in slip Credit voucher All these
9 The other name of credit woucher is. Credit note Cash credit pay in slip Debit note
10 Credit Card, ATM card and Debit Card are. Metallic money Paper Money Plastic Money Bank Money
11 On opening Saving Account the Bank Provide. Pass Book Pay in slip Cheque book All of these
12 Which of the following Account willbe non -remuneratation account. Current account Saving Account Fixed Deposit account B.B.A. Account
13 Nature of Bank Accounts also help in determining the ratio of. Cash Reserve Capital Partnership None of these
14 Following is an example of Non-Operating Account. Current Account Fixed Deposit Account Foreign Currency A/c Saving Account
15 Another name of fixed deposit receipt is. Term Deposit receipt Capital receipt Cash Deposit receipt Revenue receipt
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