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

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

Start Chapter 7 Test

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

Sr. # Questions Answers Choice
1 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
2 Margin means the difference between amount of loan and.
  • A. Value of overdraft
  • B. Market value
  • C. Value of security
  • D. None of these
3 Difference between hypothecation and pledge is.
  • A. Possession of goods
  • B. Ownership
  • C. Possession of documents
  • D. None of these
4 The document which reveals the ownership of goods kept on port.
  • A. Bill of lading
  • B. Dock warrant
  • C. Railway recipt
  • D. Deliery order
5 Married women can open following account in bank:
  • A. Saving account
  • B. Current account
  • C. Fixed amount
  • D. All of the above
6 When customer deposits his money in a bank, he becomes
  • A. Mortgagee
  • B. Creditor
  • C. Debtor
  • D. None of the above
7 A good security is one which is.
  • A. Perishable
  • B. Marketable
  • C. Disputed
  • D. All the above
8 Which of the following terms is used regarding the confirmation of death of bank customer
  • A. Stopped account
  • B. Cancelled account
  • C. Deceased account
  • D. Closed account
9 Teh value of security should be more than.
  • A. Market value
  • B. Cost value
  • C. Amount of loan
  • D. None of these
10 The parties involved in a gurantee are.
  • A. Debtor
  • B. Creditor
  • C. Guarantor
  • D. All these

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer