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

Orverdraft facility is not allowed to.

Question # 2

It is the duty of a customer to.

Question # 3

Adjusting a debit balance against a credit balance by the bank is called.

Question # 4

The person who is committed to manager the property of other.

Question # 5

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

Question # 6

A pass book is issued to:

Question # 7

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

Question # 8

The amount of money in the amount of account holder is called:

Question # 9

When was Islamic Banking System introduced in Pakistan:

Question # 10

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

Question # 11

What is common between bank and customer.

Question # 12

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

Question # 13

Minor person of a bank is one who is below.

Question # 14

Thenature of relations between banker and customers is.

Question # 15

Customer can withdraw money only after the expiry of fixed time

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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 It is the duty of the bank to.
A. Honor cheque
B. Keep secrecy
C. Safe custody
D. All these
2 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
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 The customer who keep his precious articles in bank for safe custody
A. Bailer
B. Creditor
C. Debtor
D. Morgagagers
5 A pass book is issued to:
A. Current accountholder
B. Saving accountholder
C. Both A & B
D. None of the above
6 On which account a bank does not pay interest
A. Saving account
B. Fixed deposits
C. Current account
D. All of the above
7 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
8 Adjusting a debit balance against a credit balance by the bank is called.
A. Balancing
B. Adjustment
C. Setting off
D. All these
9 The person who pledges the goods with the banker as security is called.
A. Pledgee
B. Mortagager
C. Pledger
D. Mortagagee
10 Customer can with draw money only after the expiry of fixed time:
A. From saving account
B. From current account
C. From fixed deposit
D. From all of the above

Test Questions

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