Question # 1

Which of the following accounts is non-transferable

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Saving account

Fixed deposit account

Current account

None of the above

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

When was Islamic Banking System introduced in Pakistan:

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1970

1972

1981

1982

Saving account can be opened by:

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An individual

A group of persons

The institutions

All of the above

A blind person can open account with bank.

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Current account

Fixed deposit account

Saving account

All the above

What type of account is preferred by a businessman

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Saving account

Fixed deposits

Current account

Foreign currency account

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

A contractual relationship between bank and its customers.

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Debtor

Principal

Bailor

All of these

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

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

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Hindu

Shia

Sunni

None of the above

It is the right of the bank to.

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Right to lien

Charge of services

Right of setting off

All these

when customer deposit his money in bank he become.

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Debtor

Bailer

Mortageger

Creditor

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

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