12th class Principle of Banking chapter 7 online mcq test with answers for ICom part 2 Principle of Banking Chapter 7 (Banker and Customer Relationship)

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Sr.#	Question	Answer
1	The loan against which no security is kept by bank are.	A. Secured loans B. Unsecured loans C. Demand loans D. None of these
2	Teh value of security should be more than.	A. Market value B. Cost value C. Amount of loan D. None of these
3	Account suitbale for business woman.	A. Current account B. Saving account C. Fixed deposit account D. None of these
4	Documents of title to goods includes.	A. Dock warrant B. Bill of lading C. Delivery order D. All the above
5	Person having an account with a bank or having some similar relation with the bank is called	A. Owner B. Debtor C. Consumer D. Customer
6	The document which reveals the ownership of goods kept on port.	A. Bill of lading B. Dock warrant C. Railway recipt D. Deliery order
7	Quality of good security includes.	A. Easy salable B. Disputed C. Source of expense D. All these
8	Before opening account in bank, a married women is asked about her:	A. Husband's name B. Father's name C. Mother's name D. All of the above
9	The bank of charges interest on.	A. Deposits B. Overdraft C. Running finace D. Both b and c
10	Which of the following relationships occurs if a customer deposits his money in a bank	A. Bank as a debtor and customer as a creditor B. Bank as a creditor and customer as a debtor C. Bank as an agent and customer as a principle D. Bank a modarib and customer as an aamal
11	Relation between banker and customer terminates, when a :	A. Customer becomes mad or lunatic B. Customer becomes insane or mental C. Customer dies D. All od the above
12	The main uses of bank funds are.	A. Cash reserve B. Granting loan C. Issuing shares D. None of these
13	Clubs, cooperative societies, and associations etc. are entitled as following concern	A. Partnership B. Non-trading C. Trading D. All the above
14	Joint-stock company can open the following account in bank	A. Fixed B. Current C. Saving D. All the above
15	The loans which can be demanded back by bank at any time are.	A. Short term loans B. Medium Tem loans C. Long term loans D. Demand loans

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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

ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

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

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

The other name of cash credit is.

The amount of loan should be less than.

Account suitbale for business woman.

Married women can open following account in bank:

A good security is one which is.

When goods are made available as security for a loan from bank.

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

A form of written agreement between bank and customer is

When a person deposits money in a bank, it is the beginning of

The loan given against some security are known as.

The main uses of bank funds are.

Who is responsible for loan in case of joint customer:

Which of the followingis highly marketable security.

Margin means the difference between amount of loan and.

Documents of title to goods includes.

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

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