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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 Married women can open following account in bank:
  • A. Saving account
  • B. Current account
  • C. Fixed amount
  • D. All of the above
2 The main sources of a bank funds are.
  • A. Deposits
  • B. Bank own funds
  • C. Both a and b
  • D. None of these
3 The loan given against some security are known as.
  • A. Unsecured loans
  • B. Demand loans
  • C. Secured loans
  • D. All the above
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 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
6 Illiterate person provides to bank for his identification
  • A. Birth certificate
  • B. Impression of thumb
  • C. Photograph
  • D. All the above
7 The parties involved in a gurantee are.
  • A. Debtor
  • B. Creditor
  • C. Guarantor
  • D. All these
8 Joint-stock company can open the following account in bank
  • A. Fixed
  • B. Current
  • C. Saving
  • D. All the above
9 When bank provides finance to its customer under an agreement of Modaraba, the customer becomes
  • A. Consumer
  • B. Zarib
  • C. Aamal
  • D. None of the above
10 the precautions while advancing loan by bank are.
  • A. Safety of loan
  • B. Durable security
  • C. Liquidity
  • D. All the above

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

H

Hassan Abid

Lahore23 - Jun - 2022

15/15
01 Mins 40 Sec
H

Hassan Abid

Lahore23 - Jun - 2022

14/15
02 Mins 02 Sec
F

Farooq Shk

Lahore21 - Jun - 2022

13/15
04 Mins 08 Sec
R

Ramla Akhlaq

Lahore18 - Jun - 2022

12/15
01 Mins 45 Sec
K

Khudeja Noor

Lahore21 - May - 2022

11/15
05 Mins 13 Sec
R

Ramla Akhlaq

Lahore18 - Jun - 2022

10/15
02 Mins 21 Sec
S

Saif Jutt Basra

Lahore22 - Jun - 2022

10/15
06 Mins 18 Sec
H

Hamza Abid

Abbottabad22 - Jun - 2022

10/15
10 Mins 50 Sec
K

Khudeja Noor

Lahore03 - Jun - 2022

9/15
02 Mins 31 Sec
S

Saif Jutt Basra

Lahore22 - Jun - 2022

8/15
02 Mins 45 Sec

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