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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
The person who opens an account with the bank is called
Choose an answer
Employee of bank
Customer of bank
Account holder of bank
Owner of bank
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Question # 2
Which of the following Account willbe non -remuneratation account.
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Current account
Saving Account
Fixed Deposit account
B.B.A. Account
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Question # 3
Cheque book is not use in.
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Current Account
Foreign Currency Account
B.B.A account
Fixed deposited Account
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Question # 4
A Joint Stock company opens the account in the bank.
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Saving Bank
Current Account
B.B.A. Account
Term Deposit Account
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Question # 5
Non-scheduled bank can
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Deal in foreign exchange
Attain the of public confidence
Open new branch without permission
All the above
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Question # 6
Account suitable for salaried person.
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Fixed Deposit account
Current Account
Saving Account
Term Deposit Account
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Question # 7
Pass Book is nto issued in.
Choose an answer
Saving Account
Fixed Deposit Account
BBA Account
Current Account
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Question # 8
In Case of Fixed Deposit the rate of intrest is.
Choose an answer
Constant
High
Low
None of these
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Question # 9
On opening Saving Account the Bank Provide.
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Pass Book
Pay in slip
Cheque book
All of these
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Question # 10
The person who opens an account with the bank is called
Choose an answer
Employee of bank
Customer of bank
Account holder of bank
Owner of bank
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Question # 11
Who does get the benefit of opening an account in bank.
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Bank
Account Holder
Government
All these
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Question # 12
Account Suitable for businessmen
Choose an answer
Saving account
Fixed Account
PLS account
Current Account
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Question # 13
The following bank can open its branch in foreign country
Choose an answer
Scheduled bank
Non-scheduled bank
Both a and b
None of the these
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Question # 14
Normally bank does not pay intrest on
Choose an answer
Saving Account
Fixed Deposit Account
Current Account
B.B.A. Account
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Question # 15
Running finance means customer has balance at bank.
Choose an answer
Debit Balance
Credit Balance
Favorable balance
None of these
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Question # 16
For customer Money deposited int Bank is.
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Liability
Asset
Saving and Asset
Expense
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Question # 17
The other name of credit woucher is.
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Credit note
Cash credit
pay in slip
Debit note
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Question # 18
Account example from Zakat and Tax
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B.B.A. Account
Current account
Foreign Currency Account
None of these
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Question # 19
Another name of fixed deposit receipt is.
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Term Deposit receipt
Capital receipt
Cash Deposit receipt
Revenue receipt
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Question # 20
Nature of Bank Accounts also help in determining the ratio of.
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Cash Reserve
Capital
Partnership
None of these
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Question # 21
Written evidence of depositing money into bank.
Choose an answer
Cheque book
Pay in Slip
Pas Book
None of these
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Question # 22
Over draft facility is provided only on.
Choose an answer
Saving Account
Fixed Deposit Account
Current Account
All the above
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Question # 23
Credit cards payment are considered.
Choose an answer
Credit payment
Cash Payment
Both a and b
None of these
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