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

Maintenance of minimum balance is not required in

Question # 2

Which of the following is not a right of a bank.

Question # 3

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

Question # 4

When was Islamic Banking System introduced in Pakistan:

Question # 5

Saving account can be opened by:

Question # 6

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

Question # 7

What is common between bank and customer

Question # 8

A blind person can open account with bank.

Question # 9

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

Question # 10

What is common between bank and customer.

Question # 11

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

Question # 12

On which account a bank does not pay interest

Question # 13

Joint Stock Company can open only.

Question # 14

The person who opens a bank account is called:

Question # 15

A contractual relationship between bank and its customers.

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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 Thenature of relations between banker and customers is.
A. Bailer and Bailee
B. Agent and principal
C. Debtor and creditor
D. All the above
2 Maintenance of minimum balance is not required in
A. Current account
B. Basic banking account
C. Saving account
D. None of these
3 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
4 when customer deposit his money in bank he become.
A. Debtor
B. Bailer
C. Mortageger
D. Creditor
5 Illiterate person provies on cheque for his indentification.
A. Photograph
B. Birth Certificate
C. Thum Impression
D. All these
6 Termination of banker relatinship by the customer due to.
A. Change of place
B. Death of customer
C. Poor services
D. All of these
7 Saving accounts encourage the habit of saving among
A. Low income persons
B. Investors
C. Business people
D. All of the above
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 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
10 It is the duty of the bank to.
A. Honor cheque
B. Keep secrecy
C. Safe custody
D. All these

Test Questions

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