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MCQs Banking in English, Bank Accounts

A unique effort by “zeatutor”

For the first time   , MCQs of  Banking & Finance

The multiple-choice questions of banking and finance are not regularly available on any channel or any site for which the students feel a lot of trouble. We decided to take the time out of our busy schedule to try to make it easier for the students as well as to secure their future.

Encourage us to share, like, follow and subscribe to all our channels. Thanks.

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Banking & Finance

BANK ACCOUNTS

·        How many accounts are offered by banks in Pakistan?

3

4

5

6

·        We can not withdraw money from this account.

Fixed A/C

Current A/C

Saving A/C

all

 ·        We can withdraw money twice a day from this account.

Fixed A/C

Current A/C

Saving A/C

all

 ·        We can withdraw money as many times as we like daily from this account.

Fixed A/C

Current A/C

Saving A/C

all

 ·        This account offers limited transactions a day.

Fixed A/C

Current A/C

Saving A/C

all

 ·        An advance notice is required to draw an amount more than 40,000.

Fixed A/C

Current A/C

Saving A/C

all

 ·        Which account is not subject to Zakat?

Fixed A/C

Current A/C

Saving A/C

all

 ·        This account is subject to Zakat?

Fixed A/C

Saving A/C

both

none

 ·         The highest rate of interest is enjoyed in.

Fixed A/C

Current A/C

Saving A/C

all

 ·        This account is suitable for a widow.

Fixed A/C

Current A/C

Saving A/C

all

 ·        This account is suitable for a student.

Fixed A/C

Current A/C

Saving A/C

all

 ·        which account is suitable for a trader?

Fixed A/C

Current A/C

Saving A/C

all

 ·        This account is usually preferred by a pensioner.

Fixed A/C

Current A/C

Saving A/C

all

 ·        Excise duty on the cheques is charged by

SBP

Federal Govt

Provisional Govt

all

 ·        Current account can be opened by

Business man

Ordinary man

Farmer

all

 ·        Saving account can be opened by

Business man

industrialist

Statesman

all

 ·        Fixed account can be opened by

capitalist

industrialist

villager

all

 ·        Non-cheque account is

Fixed A/C

Current A/C

Saving A/C

all

 ·        Bank provide loan to

Rich people

Financially sound people

Poor people

all

 ·        We can draw money by using

Cheque

Debit card

Credit card

all

 ·        Commercial banks offer.

Fixed A/c

Saving A/C

Current A/C

all

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