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

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

Question # 2

Which of the followingis highly marketable security.

Question # 3

A good security is one which is.

Question # 4

Illiterate person provides to bank for his identification

Question # 5

Difference between hypothecation and pledge is.

Question # 6

The amount of loan should be less than.

Question # 7

The bank can cover the loan by selling out the.

Question # 8

What is the status of an account if opened by a government institution

Question # 9

Bank is bound to honour the cheque of customer if:

Question # 10

The bank of charges interest on.

Question # 11

Quality of good security includes.

Question # 12

the precautions while advancing loan by bank are.

Question # 13

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

Question # 14

The document which reveals the ownership of goods kept on port.

Question # 15

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

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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 given against some security are known as.
A. Unsecured loans
B. Demand loans
C. Secured loans
D. All the above
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 Principle of advancing loan by bank are.
A. Principle of income
B. Principle of safety
C. Principal of liquidity
D. All the above
4 Which of the following customers does not have more rights on bank:
A. Individual customer
B. Joint customer
C. Minor customer
D. All have the same
5 If an old joint stock company opens the account then a bank demands for last few years:
A. Balance sheet
B. Annual report
C. Both (a) & (b)
D. None of the above
6 Pledge means loan given against
A. Immovable property
B. Movable property
C. Botha a and b
D. None of these
7 A good security is one which is.
A. Perishable
B. Marketable
C. Disputed
D. All the above
8 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
9 The bank of charges interest on.
A. Deposits
B. Overdraft
C. Running finace
D. Both b and c
10 Overdraft is also knonw as.
A. Cash Credit
B. Running finace
C. Cash finance
D. All the above

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