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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  • Total Questions15

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Principles of Banking Icom Part 2 English Medium Chapter 6 Online Test

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Question # 1

Person gets finance from bank in terms of Mudarba Act as

Question # 2

Which of the following accounts is non-transferable

Question # 3

Saving accounts encourage the habit of saving among

Question # 4

Bank Provide finance on the basis of Mudarba Act as.

Question # 5

Which of the following is the valid method of making payment.

Question # 6

Which bank account is exempted from income tax and zakat:

Question # 7

A contractual relationship between bank and its customers.

Question # 8

Which bank account continues after the with drawal of total amount:

Question # 9

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

Question # 10

On which account a bank does not pay interest

Question # 11

Illiterate person provies on cheque for his indentification.

Question # 12

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

Question # 13

The amount of money in the amount of account holder is called:

Question # 14

Account Suitable for business woman

Question # 15

It is the duty of the bank to.

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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 It is the right of the bank to.
A. Right to lien
B. Charge of services
C. Right of setting off
D. All these
2 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
3 Saving accounts encourage the habit of saving among
A. Low income persons
B. Investors
C. Business people
D. All of the above
4 The money deposited in the bank is considered by a customer as
A. Asset
B. Liability
C. Investment
D. Saving
5 Illiterate person provies on cheque for his indentification.
A. Photograph
B. Birth Certificate
C. Thum Impression
D. All these
6 A customer places his valuables with thebank for safe custody is called.
A. Debtor
B. Bailor
C. Bailee
D. Creditor
7 Which of the following is the valid method of making payment.
A. Credit card
B. pay order
C. Bank Draft
D. All of these
8 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
9 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
10 Which bank account continues after the with drawal of total amount:
A. Current saving
B. Fixed deposit
C. Saving account
D. All of the above

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