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

Person gets finance from bank in terms of Mudarba Act as

Question # 2

It is the duty of a customer to.

Question # 3

when customer deposit his money in bank he become.

Question # 4

the nature of relations between banker and customers is.

Question # 5

Account suitable for business woman.

Question # 6

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

Question # 7

A customer places his valuables with thebank for safe custody is called.

Question # 8

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

Question # 9

Bank Provide finance on the basis of Mudarba Act as.

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

Saving account can be opened by:

Question # 14

Bank is asked to take care the property of his clinet is called.

Question # 15

A pass book is issued to:

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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 The person who pledges the goods with the banker as security is called.
A. Pledgee
B. Mortagager
C. Pledger
D. Mortagagee
2 The person who is committed to manager the property of other.
A. Trustee
B. Bailee
C. Morggagee
D. None of these
3 The money deposited in the bank is considered by a customer as
A. Asset
B. Liability
C. Investment
D. Saving
4 When was Islamic Banking System introduced in Pakistan:
A. 1970
B. 1972
C. 1981
D. 1982
5 Illiterate person provies on cheque for his indentification.
A. Photograph
B. Birth Certificate
C. Thum Impression
D. All these
6 What type of account is preferred by a businessman
A. Saving account
B. Fixed deposits
C. Current account
D. Foreign currency account
7 What is common between bank and customer
A. Account no.
B. Cheque no.
C. Serial no
D. Drawee
8 Orverdraft facility is not allowed to.
A. Minor
B. Lunatic
C. Parda Nasheen woman
D. Both b and c
9 Thenature of relations between banker and customers is.
A. Bailer and Bailee
B. Agent and principal
C. Debtor and creditor
D. All the above
10 A pass book is issued to:
A. Current accountholder
B. Saving accountholder
C. Both A & B
D. None of the above

Test Questions

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