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

Account Suitable for business woman

Question # 2

It is the duty of a customer to.

Question # 3

Joint Stock Company can open only.

Question # 4

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

Question # 5

Thenature of relations between banker and customers is.

Question # 6

Customer can with draw money only after the expiry of fixed time:

Question # 7

Saving accounts encourage the habit of saving among

Question # 8

Which of the followign cannot open account in a bank.

Question # 9

What type of account is preferred by a businessman

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

Customer can withdraw money only after the expiry of fixed time

Question # 14

When was Islamic Banking System introduced in Pakistan:

Question # 15

the nature of relations between banker and customers is.

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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 Saving account can be opened by:
A. An individual
B. A group of persons
C. The institutions
D. All of the above
2 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
3 Person gets finance from bank in terms of Mudarba Act as
A. Mudarib
B. Creditor
C. Aamil
D. None of these
4 A pass book is issued to:
A. Current accountholder
B. Saving accountholder
C. Both A & B
D. None of the above
5 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
6 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
7 Termination of banker relatinship by the customer due to.
A. Change of place
B. Death of customer
C. Poor services
D. All of these
8 A customer places his valuables with thebank for safe custody is called.
A. Debtor
B. Bailor
C. Bailee
D. Creditor
9 Which of the followign cannot open account in a bank.
A. Lunatic
B. Minor
C. Parda Nasheen woman
D. All of these
10 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

Test Questions

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