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6th Chapter

12th Principles of Banking Chapter 6 Test

Here you can prepare 12th Class Principles of Banking Chapter 6 Banks Accounts Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 6 online mcq test with answers for ICom part 2 Principle of Banking Chapter 6 (Banks Accounts)

This online test contains MCQs about following topics:

. Introduction and definition of bank account . Causes of opening a bank account . Procedure of opening a bank account . Precaution of bank before opening an account . Documents of bank . Types of bank accounts . Comparison of different bank accounts . Merits of opening bank account

ICOM Part 2 Banking Ch 6 Test
ic

12th class Principle of Banking chapter 6 online mcq test with answers for ICom part 2 Principle of Banking Chapter 6 (Banks Accounts)

Sr. # Questions Answers Choice
1 Saving accounts encourage the habit of saving among
  • A. Low income persons
  • B. Investors
  • C. Business people
  • D. All of the above
2 Which bank account is exempted from income tax and zakat:
  • A. Saving account
  • B. Fixed deposit
  • C. Foreign currency account
  • D. All of the above
3 A blind person can open account with bank.
  • A. Current account
  • B. Fixed deposit account
  • C. Saving account
  • D. All the above
4 A customer places his valuables with thebank for safe custody is called.
  • A. Debtor
  • B. Bailor
  • C. Bailee
  • D. Creditor
5 Saving account can be opened by:
  • A. An individual
  • B. A group of persons
  • C. The institutions
  • D. All of the above
6 The person who is committed to manager the property of other.
  • A. Trustee
  • B. Bailee
  • C. Morggagee
  • D. None of these
7 The person who opens a bank account is called:
  • A. Owner of bank
  • B. Customer of bank
  • C. Employee of bank
  • D. None of them
8 Rate of interest in case of fixed deposit is
  • A. Low
  • B. High
  • C. Both
  • 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 Bank Provide finance on the basis of Mudarba Act as.
  • A. Aamil
  • B. Mudarib
  • C. Debtor
  • D. None of these

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

F

Farooq Shk

Lahore21 - Jun - 2022

15/15
02 Mins 25 Sec
S

Saif Jutt Basra

Lahore22 - Jun - 2022

14/15
03 Mins 23 Sec
S

Saif Jutt Basra

Lahore22 - Jun - 2022

14/15
24 Mins 07 Sec
S

Saif Jutt Basra

Lahore22 - Jun - 2022

13/15
02 Mins 07 Sec
H

Hassan Abid

Lahore23 - Jun - 2022

13/15
02 Mins 29 Sec
S

Saif Jutt Basra

Lahore22 - Jun - 2022

13/15
06 Mins 45 Sec
S

Saif Jutt Basra

Lahore22 - Jun - 2022

12/15
03 Mins 03 Sec
H

Hamza Abid

Abbottabad09 - Jun - 2022

12/15
10 Mins 50 Sec
R

Ramla Akhlaq

Lahore18 - Jun - 2022

11/15
02 Mins 17 Sec
R

Ramla Akhlaq

Lahore18 - Jun - 2022

11/15
02 Mins 17 Sec
S

Saif Jutt Basra

Lahore22 - Jun - 2022

11/15
06 Mins 08 Sec
S

Saif Jutt Basra

Lahore22 - Jun - 2022

10/15
04 Mins 39 Sec
F

Fatima Alam

Lahore18 - Jun - 2022

8/15
03 Mins 34 Sec
K

Khudeja Noor

Lahore03 - Jun - 2022

8/15
04 Mins 23 Sec

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