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 of the following accounts is non-transferable	A. Saving account B. Fixed deposit account C. Current account D. None of the above
2	It is the duty of the bank to.	A. Honor cheque B. Keep secrecy C. Safe custody D. All these
3	Account suitable for business woman.	A. Current account B. Saving account C. Fixed deposite account D. All these
4	An account holder does not need to write a cheque to withdraw money from following account	A. Saving account B. Fixed deposit account C. Current account D. None of the above
5	The money deposited in the bank is considered by a customer as	A. Asset B. Liability C. Investment D. Saving
6	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
7	Which of the followign cannot open account in a bank.	A. Lunatic B. Minor C. Parda Nasheen woman D. All of these
8	On which account a bank does not pay interest	A. Saving account B. Fixed deposits C. Current account D. All of the above
9	Rate of interest in case of fixed deposit is	A. Low B. High C. Both D. None of the above
10	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