12th class Principle of Banking chapter 6 online mcq test with answers for ICom part 2 Principle of Banking Chapter 6 (Banks Accounts)

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Sr.#	Question	Answer
1	Which bank account is exempted from income tax and zakat:	A. Saving account B. Fixed deposit C. Foreign currency account D. All of the above
2	Rate of interest in case of fixed deposit is	A. Low B. High C. Both D. None of the above
3	Which of the following is provided to customer for opening the profit and loss term deposit account	A. Cheque bank B. Pay-in-slip C. Pass book D. Fixed deposits receipt
4	Bank is asked to take care the property of his clinet is called.	A. Bailee B. Pawnee C. Mortagagee D. Trustee
5	Termination of banker relatinship by the customer due to.	A. Change of place B. Death of customer C. Poor services D. All of these
6	Customer can withdraw money only after the expiry of fixed time	A. From saving account B. From current account C. From fixed deposit D. From all the above
7	It is the right of the bank to.	A. Right to lien B. Charge of services C. Right of setting off D. All these
8	Which document a joint stock company has to provide at the time of opening account with bank	A. Shares B. Copy of bye-laws C. Audited annual report of company D. Certificate of incorporation
9	The person who opens a bank account is called:	A. Owner of bank B. Customer of bank C. Employee of bank D. None of them
10	What is necessary to continue or keep an account with the bank	A. Introductory preference B. Minimum required balance C. Phone number D. Political stability