ICOM Part 2 English Medium Principles of Banking Chapter 6 MCQ's Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 6 (Banks Accounts)

ICOM Part 2 English Medium Principles of Banking Chapter 6 MCQ's Test

Start Chapter 6 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 6 (Banks Accounts)

Sr. # Questions Answers Choice
1 What type of account is preferred by a businessman
  • A. Saving account
  • B. Fixed deposits
  • C. Current account
  • D. Foreign currency account
2 Customer can with draw money only after the expiry of fixed time:
  • A. From saving account
  • B. From current account
  • C. From fixed deposit
  • D. From all of the above
3 Bank Provide finance on the basis of Mudarba Act as.
  • A. Aamil
  • B. Mudarib
  • C. Debtor
  • D. None of these
4 Which bank account continues after the with drawal of total amount:
  • A. Current saving
  • B. Fixed deposit
  • C. Saving account
  • D. All of the above
5 the nature of relations between banker and customers is.
  • A. Bailer and Bailee
  • B. Agent and principal
  • C. Debtor and creditor
  • D. All the above
6 Which Fiqah does allow the deduction of Zakat in the application form of account opening
  • A. Hindu
  • B. Shia
  • C. Sunni
  • D. None of the above
7 Maintenance of minimum balance is not required in
  • A. Current account
  • B. Basic banking account
  • C. Saving account
  • D. None of these
8 A contractual relationship between bank and its customers.
  • A. Debtor
  • B. Principal
  • C. Bailor
  • D. All of these
9 The person who pledges the goods with the banker as security is called.
  • A. Pledgee
  • B. Mortagager
  • C. Pledger
  • D. Mortagagee
10 Which is demanded by a bank at the time of opening new account
  • A. Birth certificate
  • B. Source of income
  • C. Educational qualification
  • D. All of the above

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 6 Online Test

A

Axi

Lahore15 - May - 2025

14/15
02 Mins 33 Sec
R

Rabia Sohail

Lahore10 - Jul - 2025

13/15
02 Mins 13 Sec

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