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 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
2 The person who pledges the goods with the banker as security is called.
  • A. Pledgee
  • B. Mortagager
  • C. Pledger
  • D. Mortagagee
3 What is common between bank and customer.
  • A. Account No.
  • B. Sereial No
  • C. Drawee
  • D. Cheque No
4 Bank is asked to take care the property of his clinet is called.
  • A. Bailee
  • B. Pawnee
  • C. Mortagagee
  • D. Trustee
5 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
6 Saving accounts encourage the habit of saving among
  • A. Low income persons
  • B. Investors
  • C. Business people
  • D. All of the above
7 When was Islamic Banking System introduced in Pakistan:
  • A. 1970
  • B. 1972
  • C. 1981
  • D. 1982
8 Minor person of a bank is one who is below.
  • A. 15 years
  • B. 16 years
  • C. 18 years
  • D. 17 years
9 Rate of interest in case of fixed deposit is
  • A. Low
  • B. High
  • C. Both
  • D. None of the above
10 On which account a bank does not pay interest
  • A. Saving account
  • B. Fixed deposits
  • C. Current account
  • D. All of the above

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
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Rabia Sohail

Lahore10 - Jul - 2025

13/15
02 Mins 13 Sec

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