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

A pass book is issued to:

Question # 2

It is the right of the bank to.

Question # 3

Maintenance of minimum balance is not required in

Question # 4

Adjusting a debit balance against a credit balance by the bank is called.

Question # 5

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

Question # 6

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

Question # 7

It is the duty of the bank to.

Question # 8

when customer deposit his money in bank he become.

Question # 9

Illiterate person provies on cheque for his indentification.

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

The person who opens a bank account is called:

Question # 13

What is common between bank and customer

Question # 14

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

Question # 15

A blind person can open 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 Adjusting a debit balance against a credit balance by the bank is called.
A. Balancing
B. Adjustment
C. Setting off
D. All these
2 What type of account is preferred by a businessman
A. Saving account
B. Fixed deposits
C. Current account
D. Foreign currency account
3 Person gets finance from bank in terms of Mudarba Act as
A. Mudarib
B. Creditor
C. Aamil
D. None of these
4 Account suitable for business woman.
A. Current account
B. Saving account
C. Fixed deposite account
D. All these
5 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
6 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
7 the nature of relations between banker and customers is.
A. Bailer and Bailee
B. Agent and principal
C. Debtor and creditor
D. All the above
8 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
9 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
10 Rate of interest in case of fixed deposit is
A. Low
B. High
C. Both
D. None of the above

Test Questions

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