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

The main sources of a bank funds are.

Question # 2

Margin means the difference between amount of loan and.

Question # 3

Relation between banker and customer terminates, when a :

Question # 4

Difference between hypothecation and pledge is.

Question # 5

The nature of relation between bank and customers is:

Question # 6

A good security is one which is.

Question # 7

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

Question # 8

Bank Should advance loan to only those who are storng.

Question # 9

Pledge means loan given against

Question # 10

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

Question # 11

The amount of loan should be less than.

Question # 12

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

Question # 13

Which of the following takes responsibility to manage the property of another

Question # 14

Person having an account with a bank or having some similar relation with the bank is called

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 Account suitbale for business woman.
A. Current account
B. Saving account
C. Fixed deposit account
D. None of these
2 Teh value of security should be more than.
A. Market value
B. Cost value
C. Amount of loan
D. None of these
3 Joint-stock company can open the following account in bank
A. Fixed
B. Current
C. Saving
D. All the above
4 Bank Should advance loan to only those who are storng.
A. Domestically
B. Socially
C. Financially
D. None of these
5 Illiterate person provides to bank for his identification
A. Birth certificate
B. Impression of thumb
C. Photograph
D. All the above
6 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
7 the precautions while advancing loan by bank are.
A. Safety of loan
B. Durable security
C. Liquidity
D. All the above
8 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
9 The bank can cover the loan by selling out the.
A. Capital
B. Credit card
C. Security
D. None of these
10 The parties involved in a gurantee are.
A. Debtor
B. Creditor
C. Guarantor
D. All these

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