| 1 |
Saving accounts encourage the habit of saving among |
- A. Low income persons
- B. Investors
- C. Business people
- D. All of the above
|
| 2 |
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
|
| 3 |
A blind person can open account with bank. |
- A. Current account
- B. Fixed deposit account
- C. Saving account
- D. All the above
|
| 4 |
A customer places his valuables with thebank for safe custody is called. |
- A. Debtor
- B. Bailor
- C. Bailee
- D. Creditor
|
| 5 |
Saving account can be opened by: |
- A. An individual
- B. A group of persons
- C. The institutions
- D. All of the above
|
| 6 |
The person who is committed to manager the property of other. |
- A. Trustee
- B. Bailee
- C. Morggagee
- D. None of these
|
| 7 |
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
|
| 8 |
Rate of interest in case of fixed deposit is |
- A. Low
- B. High
- C. Both
- D. None of the above
|
| 9 |
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
|
| 10 |
Bank Provide finance on the basis of Mudarba Act as. |
- A. Aamil
- B. Mudarib
- C. Debtor
- D. None of these
|
