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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 a bank accepts real estate as security by way of mortgage then it is called
Question # 2
the precautions while advancing loan by bank are.
Question # 3
What is the status of an account if opened by a government institution
Question # 4
Principle of advancing loan by bank are.
Question # 5
A form of written agreement between bank and customer is
Question # 6
When customer deposits his money in a bank, he becomes
Question # 7
Which of the followingis highly marketable security.
Question # 8
Example of marketble security are.
Question # 9
Head of any government institution can open account with a bank in the capacity of
Question # 10
Pledge means loan given against
Question # 11
Which of the following cannot open account in a bank
Question # 12
Teh value of security should be more than.
Question # 13
A trustee is the:
Question # 14
The loan against which no security is kept by bank are.
Question # 15
Joint-stock company can open the following account in bank
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 -
Z Zeshan 10 - Jul - 2021 00 Min 18 Sec 14/15 -
B BACHA 12 - Jul - 2021 01 Min 42 Sec 14/15 -
H Hassan Maqsood 25 - May - 2023 01 Min 53 Sec 14/15 -
A Alishah 10 - Jul - 2021 02 Min 23 Sec 14/15 -
M M.zubair M.zubair 19 - Oct - 2025 02 Min 25 Sec 14/15 -
M Mohsina 11 - Jul - 2021 02 Min 28 Sec 14/15 -
T Teiyr 11 - Nov - 2025 02 Min 47 Sec 14/15 -
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 takes responsibility to manage the property of another |
A. Trustee
B. Bailee
C. Mortgagee
D. All the above
|
| 2 | Account suitbale for business woman. |
A. Current account
B. Saving account
C. Fixed deposit account
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 parties involved in a gurantee are. |
A. Debtor
B. Creditor
C. Guarantor
D. All these
|
| 5 | Overdraft is also knonw as. |
A. Cash Credit
B. Running finace
C. Cash finance
D. All the above
|
| 6 | When goods are made available as security for a loan from bank. |
A. Hypothecation
B. Mortagage
C. None of these
D. Both a and b
|
| 7 | 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
|
| 8 | Margin means the difference between amount of loan and. |
A. Value of overdraft
B. Market value
C. Value of security
D. None of these
|
| 9 | The bank can cover the loan by selling out the. |
A. Capital
B. Credit card
C. Security
D. None of these
|
| 10 | Person having an account with a bank or having some similar relation with the bank is called |
A. Owner
B. Debtor
C. Consumer
D. Customer
|
Test Questions
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