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

Saving account can be opened by:

Question # 2

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

Question # 3

Account suitable for business woman.

Question # 4

An account holder does not need to write a cheque to withdraw money from following account

Question # 5

the nature of relations between banker and customers is.

Question # 6

A blind person can open account with bank.

Question # 7

Which of the following is not a right of a bank.

Question # 8

When was Islamic Banking System introduced in Pakistan:

Question # 9

Joint Stock Company can open only.

Question # 10

Person gets finance from bank in terms of Mudarba Act as

Question # 11

On which account a bank does not pay interest

Question # 12

Customer can withdraw money only after the expiry of fixed time

Question # 13

The person who opens a bank account is called:

Question # 14

It is the duty of a customer to.

Question # 15

Which bank account is exempted from income tax and zakat:

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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 An account holder does not need to write a cheque to withdraw money from following account
A. Saving account
B. Fixed deposit account
C. Current account
D. None of the above
2 Which of the following is provided to customer for opening the profit and loss term deposit account
A. Cheque bank
B. Pay-in-slip
C. Pass book
D. Fixed deposits receipt
3 What is common between bank and customer.
A. Account No.
B. Sereial No
C. Drawee
D. Cheque No
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 Illiterate person provies on cheque for his indentification.
A. Photograph
B. Birth Certificate
C. Thum Impression
D. All these
6 Which of the following is the valid method of making payment.
A. Credit card
B. pay order
C. Bank Draft
D. All of these
7 The person who is committed to manager the property of other.
A. Trustee
B. Bailee
C. Morggagee
D. None of these
8 Rate of interest in case of fixed deposit is
A. Low
B. High
C. Both
D. None of the above
9 Maintenance of minimum balance is not required in
A. Current account
B. Basic banking account
C. Saving account
D. None of these
10 Account suitable for business woman.
A. Current account
B. Saving account
C. Fixed deposite account
D. All these

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