12th Class Principles of Banking MCQ Test With Answer for Principles of Banking Full Book

Principles of banking is the main subject for the I. com students. There are general rules and concepts that governor the field of accounting.

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Online testing system is one of the most effective ways to attempt the paper brilliantly. Students can easily get grasp on all the theory and objective as well. After attempting this MCQ online test, students will be able to perform well in the papers and pass the exams successfully.

Students can also judge their ability and skills after solving the test. Students can do this online test many times until they make sure about the accuracy of the test.

In this online test we come to know the overall rules reffered as basic accounting principles and rules Principles of banking online test. Students can get grip on the introduction to accounting basics, Blance sheet Assets, balance sheet liabilities and stock holder equities, statements on cash flows, double entry system sample transition no. It is advised to the students to solve this online test to get good grades in the exams .

 

ICOM Part 2 English Medium Principles of Banking MCQ's Test

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Principles of Banking Icom Part 2 English Medium Online Test

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  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Online Test

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Question # 1

Non -Scheduled banks are formed under.

Question # 2

All information of pass book is filled by.

Question # 3

Scheduled Banks can keep his totl assets outsinde the country.

Question # 4

Which of the following cannot open account in a bank

Question # 5

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

Question # 6

The bank of charges interest on.

Question # 7

Which document is attached to the application for the registration of bank

Question # 8

Feature of postal order

Question # 9

In the presence of cleairng house the use of cash transactions between banks

Question # 10

Institutions of money market in Pakistan.

Question # 11

State Bank of Pakistan Act is.

Question # 12

Beginning of Bank draft by

Question # 13

Grace days are given to debtor for the patment of:

Question # 14

Example of consortium Bank.

Question # 15

Bills of exchange can be cashed from bank before maturity by:


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Here is List Of Chapter Wise Tests

Ch. # Test Name MCQs Available PDF File Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test 62 Download PDF Launch Test
0 Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test 80 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test 61 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test 52 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 5 Online Test 52 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 6 Online Test 56 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 7 Online Test 50 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 8 Online Test 44 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test 58 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test 48 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 11 Online Test 26 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test 45 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 13 Online Test 39 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test 41 Download PDF Launch Test
0 Principles of Banking Icom Part 2 English Medium Chapter 15 Online Test 27 Download PDF Launch Test

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ICom Part II Principles of Banking (E.M) Important MCQ's

Sr.# Question Answer
1 Bill brokers and discount houses work in.
A. Open market
B. Capital market
C. Money Market
D. None of these
2 On which account a bank does not pay interest
A. Saving account
B. Fixed deposits
C. Current account
D. All of the above
3 The higer the cash reserve ratio.
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
4 the card which can be used to pay for goods purchased.
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
5 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
6 Which party of the L.C. is called beneficiary.
A. Opening bank
B. Buyer
C. Exporter
D. Ex porter's bank
7 The change in the address of abnk should be intimated to registar within:
A. Eight days
B. Ten days
C. Eighteen days
D. Twenty eight days
8 Who does get the benefit of opening an account in bank:
A. Bank
B. Account holder
C. Government
D. All of the above
9 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
10 If there is no guarantee to honour a letter of credit then it is called:
A. Confirmed letter of credit
B. Irrevocable letter of credit
C. Unconfirmed letter of credit
D. None of the above
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ICOM Part 2 Principles of Banking English Medium MCQ's Test

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