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.

Ilmkidunya provides the great opportunity to the students by providing the latest outline of the paper. This Principle of banking online test makes the students more competent and proficient on the theory of the book. Objective is the essential part of the paper. There is 20 % paper that consist of the objective section. If the students want to get the exceptional marks, then they must attempt this online test.

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

Whose role is consitered important in the beginning of cheque:

Question # 2

The purpose of credit card is.

Question # 3

Commercial bank is called:

Question # 4

Official empowered by theGovt. attest the negotiable instruments by his seal.

Question # 5

Central bank is owned by

Question # 6

Who can issue participation term certificates.

Question # 7

The charger of commercial Bank is.

Question # 8

For customer Money deposited int Bank is.

Question # 9

Joint-stock company can open the following account in bank

Question # 10

When was the first central bank of sub-continent established:

Question # 11

Qarz-Hasna is available for the studies of

Question # 12

The payment of draft is made on.

Question # 13

Central bank provides the following facility to scheduled banks:

Question # 14

Which of the following banks accepts deposits and advances loans

Question # 15

Scheduled bank keeps a certain amount of its deposits with central bank as


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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 Which of the following nature does IOU have.
A. An authograph
B. A monograph
C. A sonograph
D. A holograph
2 Documents required to conert non scheduled bank into scheduled bank.
A. Memorandum of Association
B. Articles of Association
C. Audited Annual Report
D. All the above
3 Drawee of bank draft is.
A. Creditor
B. Debtor
C. Issuing bank
D. Paying bank
4 Cheque is always payable on.
A. Phone call
B. At sight
C. After banking hour
D. On demand
5 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
6 In the Presence of Clearing House Scheduled Banks keeps.
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
7 Drawee fo bills of exchange is a person
A. Who receives the amount of bill
B. On whom the bill is drawn
C. Who accepts the bill
D. In whose favour the bill is transferred
8 The parties involved in a gurantee are.
A. Debtor
B. Creditor
C. Guarantor
D. All these
9 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
10 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
ic

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

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  • areesha khan

    areesha khan

    04 Mar 2019

    good work

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  • rimshamalik

    rimshamalik

    21 Apr 2018

    niceee

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  • Ali Raza

    Ali Raza

    15 May 2016

    sialkot

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  • tahreem

    tahreem

    14 May 2016

    nice

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