ICOM Part 2 English Medium Principles of Banking Chapter 6 MCQ's Test

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

Start Chapter 6 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 6 (Banks Accounts)

Sr. # Questions Answers Choice
1 Who does get the benefit of opening an account in bank:
  • A. Bank
  • B. Account holder
  • C. Government
  • D. All of the above
2 Bank Provide finance on the basis of Mudarba Act as.
  • A. Aamil
  • B. Mudarib
  • C. Debtor
  • D. None of these
3 Thenature of relations between banker and customers is.
  • A. Bailer and Bailee
  • B. Agent and principal
  • C. Debtor and creditor
  • D. All the above
4 The customer who keep his precious articles in bank for safe custody
  • A. Bailer
  • B. Creditor
  • C. Debtor
  • D. Morgagagers
5 A form of written agreement between the customer and his bank is.
  • A. Cheque book
  • B. Bank Statement
  • C. A/c opening form
  • D. Pass book
6 It is the duty of the bank to.
  • A. Honor cheque
  • B. Keep secrecy
  • C. Safe custody
  • D. All these
7 Saving account can be opened by:
  • A. An individual
  • B. A group of persons
  • C. The institutions
  • D. All of the above
8 The money deposited in the bank is considered by a customer as
  • A. Asset
  • B. Liability
  • C. Investment
  • D. Saving
9 What is necessary to continue or keep an account with the bank
  • A. Introductory preference
  • B. Minimum required balance
  • C. Phone number
  • D. Political stability
10 The person who is committed to manager the property of other.
  • A. Trustee
  • B. Bailee
  • C. Morggagee
  • D. None of these

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

A

Axi

Lahore15 - May - 2025

14/15
02 Mins 33 Sec
R

Rabia Sohail

Lahore10 - Jul - 2025

13/15
02 Mins 13 Sec

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