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ICOM Part 2 English Medium Principles of Banking Chapter 7 MCQ's Test
Start Chapter 7 TestICOM 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"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 7 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 7 Online Test
00:00
Question # 1
When customer deposits his money in a bank, he becomes
Question # 2
Margin means the difference between amount of loan and.
Question # 3
The bank can cover the loan by selling out the.
Question # 4
Person having an account with a bank or having some similar relation with the bank is called
Question # 5
Who is responsible for loan in case of joint customer:
Question # 6
Which of the following terms is used regarding the confirmation of death of bank customer
Question # 7
Illiterate person provides to bank for his identification
Question # 8
When a person deposits money in a bank, it is the beginning of
Question # 9
The loans which can be demanded back by bank at any time are.
Question # 10
Principle of advancing loan by bank are.
Question # 11
the precautions while advancing loan by bank are.
Question # 12
Example of marketble security are.
Question # 13
What is the status of an account if opened by a government institution
Question # 14
Which of the following takes responsibility to manage the property of another
Question # 15
Quality of good security includes.
ICOM Part 2 English Medium Principles of Banking Chapter 7 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 7 Online Test" MCQ`s Test
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H HASEEB Ali 02 - Mar - 2024 00 Min 14 Sec 15/15 -
R Raziel 12 - Jul - 2021 00 Min 49 Sec 15/15 -
S Sidra 12 - Jul - 2021 01 Min 03 Sec 15/15 -
H Hassan Abid 23 - Jun - 2022 01 Min 40 Sec 15/15 -
B bilal 29 - Aug - 2021 03 Min 28 Sec 15/15 -
A ameer 13 - Jul - 2021 10 Min 50 Sec 15/15 -
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B BACHA 12 - Jul - 2021 01 Min 42 Sec 14/15 -
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M M.zubair M.zubair 19 - Oct - 2025 02 Min 25 Sec 14/15 -
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M MAHZAIB 786 18 - Feb - 2022 09 Min 56 Sec 14/15 -
T Tamazur 12 - Jul - 2021 01 Min 40 Sec 13/15
ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | A good security is one which is. |
A. Perishable
B. Marketable
C. Disputed
D. All the above
|
| 3 | Bank Should advance loan to only those who are storng. |
A. Domestically
B. Socially
C. Financially
D. None of these
|
| 4 | 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
|
| 5 | the precautions while advancing loan by bank are. |
A. Safety of loan
B. Durable security
C. Liquidity
D. All the above
|
| 6 | Illiterate person provides to bank for his identification |
A. Birth certificate
B. Impression of thumb
C. Photograph
D. All the above
|
| 7 | Principle of advancing loan by bank are. |
A. Principle of income
B. Principle of safety
C. Principal of liquidity
D. All the above
|
| 8 | A form of written agreement between bank and customer is |
A. Cheque book
B. Pass book
C. Application form for opening account
D. None of the above
|
| 9 | The main uses of bank funds are. |
A. Cash reserve
B. Granting loan
C. Issuing shares
D. None of these
|
| 10 | A trustee is the: |
A. Owner of property
B. Care taker of property
C. Mortgagee of property
D. None of the above
|
Test Questions