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

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

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Question # 1

Before opening account in bank, a married women is asked about her:

Question # 2

The other name of cash credit is.

Question # 3

Joint-stock company can open the following account in bank

Question # 4

Which of the following terms is used regarding the confirmation of death of bank customer

Question # 5

Example of marketble security are.

Question # 6

The parties involved in a gurantee are.

Question # 7

Which of the following cannot open account in a bank

Question # 8

the precautions while advancing loan by bank are.

Question # 9

When bank provides finance to its customer under an agreement of Modaraba, the customer becomes

Question # 10

Head of any government institution can open account with a bank in the capacity of

Question # 11

The bank of charges interest on.

Question # 12

Illiterate person provides to bank for his identification

Question # 13

Account suitbale for business woman.

Question # 14

The amount of loan should be less than.

Question # 15

Which of the following relationships occurs if a customer deposits his money in a bank

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

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 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
2 Overdraft is also knonw as.
A. Cash Credit
B. Running finace
C. Cash finance
D. All the above
3 Bank is bound to honour the cheque of customer if:
A. Required amount is available in amount
B. Cheque is according to rules of conduct
C. There is no restriction by government
D. All of the above
4 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
5 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
6 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
7 Documents of title to goods includes.
A. Dock warrant
B. Bill of lading
C. Delivery order
D. All the above
8 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
9 When customer deposits his money in a bank, he becomes
A. Mortgagee
B. Creditor
C. Debtor
D. None of the above
10 Bank Should advance loan to only those who are storng.
A. Domestically
B. Socially
C. Financially
D. None of these

Test Questions

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