12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 7 (Banker and Customer Relationship)

ICOM Part 2 English Medium Principles of Banking Chapter 7 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 7 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 7 Online Test

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Question # 1

The document which reveals the ownership of goods kept on port.

Question # 2

Person having an account with a bank or having some similar relation with the bank is called

Question # 3

Account suitbale for business woman.

Question # 4

A good security is one which is.

Question # 5

Joint-stock company can open the following account in bank

Question # 6

Illiterate person provides to bank for his identification

Question # 7

Bank Should advance loan to only those who are storng.

Question # 8

Which of the following relationships occurs if a customer deposits his money in a bank

Question # 9

Pledge means loan given against

Question # 10

Before opening account in bank, a married women is asked about her:

Question # 11

The amount of loan should be less than.

Question # 12

The other name of cash credit is.

Question # 13

Example of marketble security are.

Question # 14

A trustee is the:

Question # 15

The loans which can be demanded back by bank at any time are.

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ICOM Part 2 English Medium Principles of Banking Chapter 7 MCQ's Test

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 When goods are made available as security for a loan from bank.
A. Hypothecation
B. Mortagage
C. None of these
D. Both a and b
2 The nature of relation between bank and customers is:
A. Deptor and creditor
B. Agent and principal
C. Bailer and bailee
D. All of the above
3 Head of any government institution can open account with a bank in the capacity of
A. Consumer
B. Principal
C. Employee
D. None of the above
4 Quality of good security includes.
A. Easy salable
B. Disputed
C. Source of expense
D. All these
5 Joint-stock company can open the following account in bank
A. Fixed
B. Current
C. Saving
D. All the above
6 Example of marketble security are.
A. Debentures
B. Shares
C. Postal order
D. Both a and b
7 The bank of charges interest on.
A. Deposits
B. Overdraft
C. Running finace
D. Both b and c
8 When a bank accepts real estate as security by way of mortgage then it is called
A. Aamal
B. Zarib
C. Mortgager
D. Mortgagee
9 If an old joint stock company opens the account then a bank demands for last few years:
A. Balance sheet
B. Annual report
C. Both (a) & (b)
D. None of the above
10 Which of the following customers does not have more rights on bank:
A. Individual customer
B. Joint customer
C. Minor customer
D. All have the same

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