Question # 1

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

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Pledgee

Mortagager

Pledger

Mortagagee

A contractual relationship between bank and its customers.

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Debtor

Principal

Bailor

All of these

Rate of interest in case of fixed deposit is

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Low

High

Both

None of the above

Account Suitable for business woman

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Current Account

Saving account

Fixed deposited account

All these

What type of account is preferred by a businessman

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Saving account

Fixed deposits

Current account

Foreign currency account

On which account a bank does not pay interest

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Saving account

Fixed deposits

Current account

All of the above

What is common between bank and customer.

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Account No.

Sereial No

Drawee

Cheque No

Which of the following is provided to customer for opening the profit and loss term deposit account

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Cheque bank

Pay-in-slip

Pass book

Fixed deposits receipt

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

It is the right of a customer to.

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Draw cheque

Receive pass book

Receive cheque book

All these

Orverdraft facility is not allowed to.

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Minor

Lunatic

Parda Nasheen woman

Both b and c

A form of written agreement between the customer and his bank is.

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Cheque book

Bank Statement

A/c opening form

Pass book

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

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