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	Pay-in-slip is a written evidence of:	A. Transferring money B. Depositing money C. With draw money D. All of the above
2	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
3	when customer deposit his money in bank he become.	A. Debtor B. Bailer C. Mortageger D. Creditor
4	Which bank account is exempted from income tax and zakat:	A. Saving account B. Fixed deposit C. Foreign currency account D. All of the above
5	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
6	Saving accounts encourage the habit of saving among	A. Low income persons B. Investors C. Business people D. All of the above
7	Maintenance of minimum balance is not required in	A. Current account B. Basic banking account C. Saving account D. None of these
8	A customer places his valuables with thebank for safe custody is called.	A. Debtor B. Bailor C. Bailee D. Creditor
9	the nature of relations between banker and customers is.	A. Bailer and Bailee B. Agent and principal C. Debtor and creditor D. All the above
10	Orverdraft facility is not allowed to.	A. Minor B. Lunatic C. Parda Nasheen woman D. Both b and c