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

It is the right of the bank to.

Question # 2

Which of the following accounts is non-transferable

Question # 3

It is the duty of the bank to.

Question # 4

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

Question # 5

Customer can withdraw money only after the expiry of fixed time

Question # 6

Rate of interest in case of fixed deposit is

Question # 7

the nature of relations between banker and customers is.

Question # 8

Illiterate person provies on cheque for his indentification.

Question # 9

Which document a joint stock company has to provide at the time of opening account with bank

Question # 10

Account Suitable for business woman

Question # 11

The person who opens a bank account is called:

Question # 12

Which is demanded by a bank at the time of opening new account

Question # 13

Maintenance of minimum balance is not required in

Question # 14

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

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 Saving accounts encourage the habit of saving among
A. Low income persons
B. Investors
C. Business people
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 Termination of banker relatinship by the customer due to.
A. Change of place
B. Death of customer
C. Poor services
D. All of these
4 Maintenance of minimum balance is not required in
A. Current account
B. Basic banking account
C. Saving account
D. None of these
5 Customer can with draw money only after the expiry of fixed time:
A. From saving account
B. From current account
C. From fixed deposit
D. From all of the above
6 Thenature of relations between banker and customers is.
A. Bailer and Bailee
B. Agent and principal
C. Debtor and creditor
D. All the above
7 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
8 It is the duty of the bank to.
A. Honor cheque
B. Keep secrecy
C. Safe custody
D. All these
9 Who does get the benefit of opening an account in bank:
A. Bank
B. Account holder
C. Government
D. All of the above
10 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

Test Questions