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	Adjusting a debit balance against a credit balance by the bank is called.	A. Balancing B. Adjustment C. Setting off D. All these
2	It is the duty of a customer to.	A. Follow banking hours B. Safety of cheque book C. Care ful filling of cheque D. All these
3	Why does it necessary for a customer t sign the specimen signature card	A. To match with the signatures when cheque is presented for payment B. To make exercise of signatures C. To complete documentary requirements D. To obtain new cheque book
4	What is common between bank and customer.	A. Account No. B. Sereial No C. Drawee D. Cheque No
5	Saving accounts encourage the habit of saving among	A. Low income persons B. Investors C. Business people D. All of the above
6	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
7	Pay-in-slip is a written evidence of:	A. Transferring money B. Depositing money C. With draw money D. All of the above
8	Account suitable for business woman.	A. Current account B. Saving account C. Fixed deposite account D. All these
9	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
10	On which account a bank does not pay interest	A. Saving account B. Fixed deposits C. Current account D. All of the above