Question # 1

Orverdraft facility is not allowed to.

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Minor

Lunatic

Parda Nasheen woman

Both b and c

Account suitable for business woman.

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Current account

Saving account

Fixed deposite account

All these

A blind person can open account with bank.

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Current account

Fixed deposit account

Saving account

All the above

A contractual relationship between bank and its customers.

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Debtor

Principal

Bailor

All of these

Illiterate person provies on cheque for his indentification.

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Photograph

Birth Certificate

Thum Impression

All these

Joint Stock Company can open only.

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Fixed deposited account

Saving account

B.B.A . Account

Current account

Bank is asked to take care the property of his clinet is called.

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Bailee

Pawnee

Mortagagee

Trustee

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

Saving accounts encourage the habit of saving among

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Low income persons

Investors

Business people

All of the above

It is the duty of the bank to.

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Honor cheque

Keep secrecy

Safe custody

All these

A customer places his valuables with thebank for safe custody is called.

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Debtor

Bailor

Bailee

Creditor

Which of the following accounts is non-transferable

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Saving account

Fixed deposit account

Current account

None of the above

Which of the following is not a right of a bank.

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Charge commission

Close account without notice

Charge interest on O/D

None of these

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

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Shares

Copy of bye-laws

Audited annual report of company

Certificate of incorporation

A pass book is issued to:

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Current accountholder

Saving accountholder

Both A & B

None of the above

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

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