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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
Which of the following terms is used regarding the confirmation of death of bank customer
Question # 2
When a bank accepts real estate as security by way of mortgage then it is called
Question # 3
When goods are made available as security for a loan from bank.
Question # 4
The main uses of bank funds are.
Question # 5
Clubs, cooperative societies, and associations etc. are entitled as following concern
Question # 6
Margin means the difference between amount of loan and.
Question # 7
Relation between banker and customer terminates, when a :
Question # 8
If an old joint stock company opens the account then a bank demands for last few years:
Question # 9
Account suitbale for business woman.
Question # 10
Principle of advancing loan by bank are.
Question # 11
The loan against which no security is kept by bank are.
Question # 12
Example of marketble security are.
Question # 13
The other name of cash credit is.
Question # 14
The bank can cover the loan by selling out the.
Question # 15
Overdraft is also knonw as.
ICOM Part 2 English Medium Principles of Banking Chapter 7 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 -
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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 | Clubs, cooperative societies, and associations etc. are entitled as following concern |
A. Partnership
B. Non-trading
C. Trading
D. All the above
|
| 2 | 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
|
| 3 | 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
|
| 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 | Teh value of security should be more than. |
A. Market value
B. Cost value
C. Amount of loan
D. None of these
|
| 6 | The bank can cover the loan by selling out the. |
A. Capital
B. Credit card
C. Security
D. None of these
|
| 7 | Margin means the difference between amount of loan and. |
A. Value of overdraft
B. Market value
C. Value of security
D. None of these
|
| 8 | When a person deposits money in a bank, it is the beginning of |
A. Bank and customer business
B. Bank and customer relationship
C. Lending and borrowing between bank and customer
D. Relation of confidence and trust
|
| 9 | 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
|
| 10 | 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
|
Test Questions
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