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7th Chapter

12th Principles of Banking Chapter 7 Test

Here you can prepare 12th Class Principles of Banking Chapter 1 Banker and Customer Relationship Test. Click the button for 100% free full practice test.

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)

This online test contains MCQs about following topics:

. Definition of banker and customer . Relationship between banker and customer . Rights and duties of customer . Rights and duties of banker . Termination of relationship . Kinds of banks's customer and their characteristics

ICOM Part 2 Banking Ch 7 Test
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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)

Sr. # Questions Answers Choice
1 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
2 Who is responsible for loan in case of joint customer:
  • A. All partners of persons
  • B. Person having authority to deal with bank
  • C. Active partner
  • D. None of the above
3 The document which reveals the ownership of goods kept on port.
  • A. Bill of lading
  • B. Dock warrant
  • C. Railway recipt
  • D. Deliery order
4 What is the status of an account if opened by a government institution
  • A. A non-trading concern
  • B. An individual
  • C. A joint-stock company
  • D. A joint customer
5 Documents of title to goods includes.
  • A. Dock warrant
  • B. Bill of lading
  • C. Delivery order
  • D. All the above
6 the precautions while advancing loan by bank are.
  • A. Safety of loan
  • B. Durable security
  • C. Liquidity
  • D. All the above
7 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
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 main sources of a bank funds are.
  • A. Deposits
  • B. Bank own funds
  • C. Both a and b
  • D. None of these
10 Joint-stock company can open the following account in bank
  • A. Fixed
  • B. Current
  • C. Saving
  • D. All the above

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

H

Hassan Maqsood

Lahore25 - May - 2023

14/15
01 Mins 53 Sec
A

Ayesha Ayaz

Lahore24 - May - 2023

12/15
01 Mins 52 Sec
H

Hassan Maqsood

Lahore25 - May - 2023

10/15
03 Mins 04 Sec
M

Mustafa Naeem

Lahore25 - May - 2023

10/15
03 Mins 26 Sec
M

Misbah Wazir Ali

Lahore09 - Mar - 2023

9/15
04 Mins 49 Sec
M

Maira Sheikh

Lahore31 - May - 2023

8/15
03 Mins 13 Sec

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