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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  • Total Questions15

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

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Question # 1

Rate of interest in case of fixed deposit is

Question # 2

Which Fiqah does allow the deduction of Zakat in the application form of account opening

Question # 3

Customer can withdraw money only after the expiry of fixed time

Question # 4

Which bank account is exempted from income tax and zakat:

Question # 5

When was Islamic Banking System introduced in Pakistan:

Question # 6

Person gets finance from bank in terms of Mudarba Act as

Question # 7

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

Question # 8

Termination of banker relatinship by the customer due to.

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

A blind person can open account with bank.

Question # 13

The person who is committed to manager the property of other.

Question # 14

It is the duty of the bank to.

Question # 15

It is the duty of a customer to.

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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 It is the right of the bank to.
A. Right to lien
B. Charge of services
C. Right of setting off
D. All these
2 Pay-in-slip is a written evidence of:
A. Transferring money
B. Depositing money
C. With draw money
D. All of the above
3 The amount of money in the amount of account holder is called:
A. Profit
B. Interest
C. Deposit
D. Loan
4 Bank is asked to take care the property of his clinet is called.
A. Bailee
B. Pawnee
C. Mortagagee
D. Trustee
5 Account Suitable for business woman
A. Current Account
B. Saving account
C. Fixed deposited account
D. All these
6 A contractual relationship between bank and its customers.
A. Debtor
B. Principal
C. Bailor
D. All of these
7 Bank Provide finance on the basis of Mudarba Act as.
A. Aamil
B. Mudarib
C. Debtor
D. None of these
8 when customer deposit his money in bank he become.
A. Debtor
B. Bailer
C. Mortageger
D. Creditor
9 What type of account is preferred by a businessman
A. Saving account
B. Fixed deposits
C. Current account
D. Foreign currency account
10 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

Test Questions

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