Question # 1

Joint Stock Company can open only.

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Fixed deposited account

Saving account

B.B.A . Account

Current account

the nature of relations between banker and customers is.

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Bailer and Bailee

Agent and principal

Debtor and creditor

All the above

Pay-in-slip is a written evidence of:

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Transferring money

Depositing money

With draw money

All of the above

The person who pledges the goods with the banker as security is called.

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Pledgee

Mortagager

Pledger

Mortagagee

Illiterate person provies on cheque for his indentification.

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Photograph

Birth Certificate

Thum Impression

All these

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

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Bailer

Creditor

Debtor

Morgagagers

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

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Introductory preference

Minimum required balance

Phone number

Political stability

Bank Provide finance on the basis of Mudarba Act as.

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Aamil

Mudarib

Debtor

None of these

Termination of banker relatinship by the customer due to.

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Change of place

Death of customer

Poor services

All of these

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

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Current saving

Fixed deposit

Saving account

All of the above

Orverdraft facility is not allowed to.

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Minor

Lunatic

Parda Nasheen woman

Both b and c

Thenature of relations between banker and customers is.

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Bailer and Bailee

Agent and principal

Debtor and creditor

All the above

A pass book is issued to:

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Current accountholder

Saving accountholder

Both A & B

None of the above

On which account a bank does not pay interest

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Saving account

Fixed deposits

Current account

All of the above

It is the right of a customer to.

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Draw cheque

Receive pass book

Receive cheque book

All these

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

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