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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  • Total Questions15

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

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Question # 1

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

Question # 2

It is the duty of a customer to.

Question # 3

Customer can withdraw money only after the expiry of fixed time

Question # 4

The person who pledges the goods with the banker as security is called.

Question # 5

Person gets finance from bank in terms of Mudarba Act as

Question # 6

Pay-in-slip is a written evidence of:

Question # 7

Rate of interest in case of fixed deposit is

Question # 8

What is common between bank and customer.

Question # 9

Which bank account continues after the with drawal of total amount:

Question # 10

Saving account can be opened by:

Question # 11

Which of the following accounts is non-transferable

Question # 12

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

Question # 13

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

Question # 14

Orverdraft facility is not allowed to.

Question # 15

When two or more persons open an account under a single title is called.

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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 Which of the following is not a right of a bank.
A. Charge commission
B. Close account without notice
C. Charge interest on O/D
D. None of these
2 The person who pledges the goods with the banker as security is called.
A. Pledgee
B. Mortagager
C. Pledger
D. Mortagagee
3 Who does get the benefit of opening an account in bank:
A. Bank
B. Account holder
C. Government
D. All of the above
4 when customer deposit his money in bank he become.
A. Debtor
B. Bailer
C. Mortageger
D. Creditor
5 The customer who keep his precious articles in bank for safe custody
A. Bailer
B. Creditor
C. Debtor
D. Morgagagers
6 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
7 Saving account can be opened by:
A. An individual
B. A group of persons
C. The institutions
D. All of the above
8 Customer can withdraw money only after the expiry of fixed time
A. From saving account
B. From current account
C. From fixed deposit
D. From all 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 When was Islamic Banking System introduced in Pakistan:
A. 1970
B. 1972
C. 1981
D. 1982

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