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

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Question # 1

Margin means the difference between amount of loan and.

Question # 2

The parties involved in a gurantee are.

Question # 3

The main uses of bank funds are.

Question # 4

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

Question # 5

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

Question # 6

The other name of cash credit is.

Question # 7

Which of the following customers does not have more rights on bank:

Question # 8

The bank can cover the loan by selling out the.

Question # 9

The loans which can be demanded back by bank at any time are.

Question # 10

Which of the following cannot open account in a bank

Question # 11

When a bank accepts real estate as security by way of mortgage then it is called

Question # 12

Joint-stock company can open the following account in bank

Question # 13

Principle of advancing loan by bank are.

Question # 14

Quality of good security includes.

Question # 15

The amount of loan should be less than.

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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 The loan against which no security is kept by bank are.
A. Secured loans
B. Unsecured loans
C. Demand loans
D. None of these
2 Quality of good security includes.
A. Easy salable
B. Disputed
C. Source of expense
D. All these
3 Example of marketble security are.
A. Debentures
B. Shares
C. Postal order
D. Both a and b
4 The bank of charges interest on.
A. Deposits
B. Overdraft
C. Running finace
D. Both b and c
5 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
6 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
7 Documents of title to goods includes.
A. Dock warrant
B. Bill of lading
C. Delivery order
D. All the above
8 The bank can cover the loan by selling out the.
A. Capital
B. Credit card
C. Security
D. None of these
9 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
10 Overdraft is also knonw as.
A. Cash Credit
B. Running finace
C. Cash finance
D. All the above

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