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

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

Question # 2

On which account a bank does not pay interest

Question # 3

The amount of money in the amount of account holder is called:

Question # 4

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

Question # 5

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

Question # 6

Person gets finance from bank in terms of Mudarba Act as

Question # 7

What is common between bank and customer

Question # 8

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

Question # 9

Saving accounts encourage the habit of saving among

Question # 10

the nature of relations between banker and customers is.

Question # 11

Which of the following is the valid method of making payment.

Question # 12

A contractual relationship between bank and its customers.

Question # 13

The person who opens a bank account is called:

Question # 14

Joint Stock Company can open only.

Question # 15

Which document a joint stock company has to provide at the time of opening account with bank

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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 When was Islamic Banking System introduced in Pakistan:
A. 1970
B. 1972
C. 1981
D. 1982
2 The person who is committed to manager the property of other.
A. Trustee
B. Bailee
C. Morggagee
D. None of these
3 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
4 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
5 When two or more persons open an account under a single title is called.
A. Joint Account
B. Single title account
C. B.B.A. Account
D. None of these
6 Person gets finance from bank in terms of Mudarba Act as
A. Mudarib
B. Creditor
C. Aamil
D. None of these
7 The customer who keep his precious articles in bank for safe custody
A. Bailer
B. Creditor
C. Debtor
D. Morgagagers
8 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
9 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
10 Account suitable for business woman.
A. Current account
B. Saving account
C. Fixed deposite account
D. All these

Test Questions

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