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

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Sr.#	Question	Answer
1	The amount of money in the amount of account holder is called:	A. Profit B. Interest C. Deposit D. Loan
2	Saving account can be opened by:	A. An individual B. A group of persons C. The institutions D. All of the above
3	Rate of interest in case of fixed deposit is	A. Low B. High C. Both D. None of the above
4	Account Suitable for business woman	A. Current Account B. Saving account C. Fixed deposited account D. All these
5	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
6	The money deposited in the bank is considered by a customer as	A. Asset B. Liability C. Investment D. Saving
7	A form of written agreement between the customer and his bank is.	A. Cheque book B. Bank Statement C. A/c opening form D. Pass book
8	What type of account is preferred by a businessman	A. Saving account B. Fixed deposits C. Current account D. Foreign currency account
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	A pass book is issued to:	A. Current accountholder B. Saving accountholder C. Both A & B D. None of the above