Question # 1

When bank provides finance to its customer under an agreement of Modaraba, the customer becomes

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Consumer

Zarib

Aamal

None of the above

The loan against which no security is kept by bank are.

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Secured loans

Unsecured loans

Demand loans

None of these

Account suitbale for business woman.

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Current account

Saving account

Fixed deposit account

None of these

A good security is one which is.

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Perishable

Marketable

Disputed

All the above

Which of the following relationships occurs if a customer deposits his money in a bank

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Bank as a debtor and customer as a creditor

Bank as a creditor and customer as a debtor

Bank as an agent and customer as a principle

Bank a modarib and customer as an aamal

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

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Individual customer

Joint customer

Minor customer

All have the same

The nature of relation between bank and customers is:

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Deptor and creditor

Agent and principal

Bailer and bailee

All of the above

Illiterate person provides to bank for his identification

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Birth certificate

Impression of thumb

Photograph

All the above

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

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Stopped account

Cancelled account

Deceased account

Closed account

Joint-stock company can open the following account in bank

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Fixed

Current

Saving

All the above

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

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A non-trading concern

An individual

A joint-stock company

A joint customer

The bank of charges interest on.

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Deposits

Overdraft

Running finace

Both b and c

Bank is bound to honour the cheque of customer if:

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Required amount is available in amount

Cheque is according to rules of conduct

There is no restriction by government

All of the above

Teh value of security should be more than.

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Market value

Cost value

Amount of loan

None of these

Margin means the difference between amount of loan and.

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Value of overdraft

Market value

Value of security

None of these

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