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7th Chapter

12th Principles of Banking Chapter 7 Test

Here you can prepare 12th Class Principles of Banking Chapter 1 Banker and Customer Relationship Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 7 online mcq test with answers for ICom part 2 Principle of Banking Chapter 7 (Banker and Customer Relationship)

This online test contains MCQs about following topics:

. Definition of banker and customer . Relationship between banker and customer . Rights and duties of customer . Rights and duties of banker . Termination of relationship . Kinds of banks's customer and their characteristics

ICOM Part 2 Banking Ch 7 Test
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12th class Principle of Banking chapter 7 online mcq test with answers for ICom part 2 Principle of Banking Chapter 7 (Banker and Customer Relationship)

Sr. # Questions Answers Choice
1 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
2 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
3 Which of the followingis highly marketable security.
  • A. Documents of title
  • B. Goods and produce
  • C. Shares and debentures
  • D. all the above
4 Account suitbale for business woman.
  • A. Current account
  • B. Saving account
  • C. Fixed deposit account
  • D. None of these
5 The amount of loan should be less than.
  • A. Value of security
  • B. Market value
  • C. Face value
  • D. Hidden value
6 Pledge means loan given against
  • A. Immovable property
  • B. Movable property
  • C. Botha a and b
  • D. None of these
7 Documents of title to goods includes.
  • A. Dock warrant
  • B. Bill of lading
  • C. Delivery order
  • D. All the above
8 The loan against which no security is kept by bank are.
  • A. Secured loans
  • B. Unsecured loans
  • C. Demand loans
  • D. None of these
9 the precautions while advancing loan by bank are.
  • A. Safety of loan
  • B. Durable security
  • C. Liquidity
  • D. All the above
10 The main sources of a bank funds are.
  • A. Deposits
  • B. Bank own funds
  • C. Both a and b
  • D. None of these

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