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

Minor person of a bank is one who is below.

Question # 2

On which account a bank does not pay interest

Question # 3

Termination of banker relatinship by the customer due to.

Question # 4

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

Question # 5

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

Question # 6

It is the right of the bank to.

Question # 7

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

Question # 8

Account suitable for business woman.

Question # 9

What is common between bank and customer.

Question # 10

Person gets finance from bank in terms of Mudarba Act as

Question # 11

Why does it necessary for a customer t sign the specimen signature card

Question # 12

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

Question # 13

Who does get the benefit of opening an account in bank:

Question # 14

When was Islamic Banking System introduced in Pakistan:

Question # 15

Which document a joint stock company has to provide at the time of opening account with bank

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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 The person who is committed to manager the property of other.
A. Trustee
B. Bailee
C. Morggagee
D. None of these
2 Rate of interest in case of fixed deposit is
A. Low
B. High
C. Both
D. None of the above
3 A pass book is issued to:
A. Current accountholder
B. Saving accountholder
C. Both A & B
D. None of the above
4 Joint Stock Company can open only.
A. Fixed deposited account
B. Saving account
C. B.B.A . Account
D. Current account
5 Saving accounts encourage the habit of saving among
A. Low income persons
B. Investors
C. Business people
D. All of the above
6 A customer places his valuables with thebank for safe custody is called.
A. Debtor
B. Bailor
C. Bailee
D. Creditor
7 A blind person can open account with bank.
A. Current account
B. Fixed deposit account
C. Saving account
D. All the above
8 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
9 It is the right of the bank to.
A. Right to lien
B. Charge of services
C. Right of setting off
D. All these
10 On which account a bank does not pay interest
A. Saving account
B. Fixed deposits
C. Current account
D. All of the above

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