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

Pay-in-slip is a written evidence of:

Question # 2

Which of the following accounts is non-transferable

Question # 3

Saving accounts encourage the habit of saving among

Question # 4

What is necessary to continue or keep an account with the bank

Question # 5

Account Suitable for business woman

Question # 6

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

Question # 7

Which of the following is the valid method of making payment.

Question # 8

The customer who keep his precious articles in bank for safe custody

Question # 9

when customer deposit his money in bank he become.

Question # 10

It is the duty of the bank to.

Question # 11

Person gets finance from bank in terms of Mudarba Act as

Question # 12

Bank Provide finance on the basis of Mudarba Act as.

Question # 13

Which bank account continues after the with drawal of total amount:

Question # 14

When was Islamic Banking System introduced in Pakistan:

Question # 15

the nature of relations between banker and customers is.

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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 nature of relations between banker and customers is.
A. Bailer and Bailee
B. Agent and principal
C. Debtor and creditor
D. All the above
2 Person gets finance from bank in terms of Mudarba Act as
A. Mudarib
B. Creditor
C. Aamil
D. None of these
3 Adjusting a debit balance against a credit balance by the bank is called.
A. Balancing
B. Adjustment
C. Setting off
D. All these
4 Why does it necessary for a customer t sign the specimen signature card
A. To match with the signatures when cheque is presented for payment
B. To make exercise of signatures
C. To complete documentary requirements
D. To obtain new cheque book
5 When two or more persons open an account under a single title is called.
A. Joint Account
B. Single title account
C. B.B.A. Account
D. None of these
6 Termination of banker relatinship by the customer due to.
A. Change of place
B. Death of customer
C. Poor services
D. All of these
7 Account Suitable for business woman
A. Current Account
B. Saving account
C. Fixed deposited account
D. All these
8 Which of the followign cannot open account in a bank.
A. Lunatic
B. Minor
C. Parda Nasheen woman
D. All of these
9 Joint Stock Company can open only.
A. Fixed deposited account
B. Saving account
C. B.B.A . Account
D. Current account
10 Bank is asked to take care the property of his clinet is called.
A. Bailee
B. Pawnee
C. Mortagagee
D. Trustee

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