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

Why does it necessary for a customer t sign the specimen signature card

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

Which of the following is provided to customer for opening the profit and loss term deposit account

Question # 8

the nature of relations between banker and customers is.

Question # 9

The money deposited in the bank is considered by a customer as

Question # 10

Person gets finance from bank in terms of Mudarba Act as

Question # 11

It is the right of the bank to.

Question # 12

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

Question # 13

A contractual relationship between bank and its customers.

Question # 14

Bank Provide finance on the basis of Mudarba Act as.

Question # 15

Which of the following accounts is non-transferable

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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 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
2 What is necessary to continue or keep an account with the bank
A. Introductory preference
B. Minimum required balance
C. Phone number
D. Political stability
3 Which document a joint stock company has to provide at the time of opening account with bank
A. Shares
B. Copy of bye-laws
C. Audited annual report of company
D. Certificate of incorporation
4 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
5 On which account a bank does not pay interest
A. Saving account
B. Fixed deposits
C. Current account
D. All of the above
6 Rate of interest in case of fixed deposit is
A. Low
B. High
C. Both
D. None of the above
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 The customer who keep his precious articles in bank for safe custody
A. Bailer
B. Creditor
C. Debtor
D. Morgagagers
9 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
10 When two or more persons open an account under a single title is called.
A. Joint Account
B. Single title account
C. B.B.A. Account
D. None of these

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