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

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 6 Online Test"

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

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Question # 1

The person who opens a bank account is called:

Question # 2

What is necessary to continue or keep an account with the bank

Question # 3

Saving accounts encourage the habit of saving among

Question # 4

Which is demanded by a bank at the time of opening new account

Question # 5

Who does get the benefit of opening an account in bank:

Question # 6

Which of the followign cannot open account in a bank.

Question # 7

Which of the following is provided to customer for opening the profit and loss term deposit account

Question # 8

Which Fiqah does allow the deduction of Zakat in the application form of account opening

Question # 9

Why does it necessary for a customer t sign the specimen signature card

Question # 10

Adjusting a debit balance against a credit balance by the bank is called.

Question # 11

Rate of interest in case of fixed deposit is

Question # 12

Maintenance of minimum balance is not required in

Question # 13

An account holder does not need to write a cheque to withdraw money from following account

Question # 14

The money deposited in the bank is considered by a customer as

Question # 15

What type of account is preferred by a businessman

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

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 Which of the following accounts is non-transferable
A. Saving account
B. Fixed deposit account
C. Current account
D. None of the above
2 What type of account is preferred by a businessman
A. Saving account
B. Fixed deposits
C. Current account
D. Foreign currency account
3 Why does it necessary for a customer t sign the specimen signature card
A. To match with the signatures when cheque is presented for payment
B. To make exercise of signatures
C. To complete documentary requirements
D. To obtain new cheque book
4 The person who pledges the goods with the banker as security is called.
A. Pledgee
B. Mortagager
C. Pledger
D. Mortagagee
5 Thenature of relations between banker and customers is.
A. Bailer and Bailee
B. Agent and principal
C. Debtor and creditor
D. All the above
6 Account Suitable for business woman
A. Current Account
B. Saving account
C. Fixed deposited account
D. All these
7 Illiterate person provies on cheque for his indentification.
A. Photograph
B. Birth Certificate
C. Thum Impression
D. All these
8 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
9 The money deposited in the bank is considered by a customer as
A. Asset
B. Liability
C. Investment
D. Saving
10 A contractual relationship between bank and its customers.
A. Debtor
B. Principal
C. Bailor
D. All of these

Test Questions

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