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

What does IOU mean

Question # 2

Participation term certificates are issued in place of.

Question # 3

The part of deposits kept with the central bank is called:

Question # 4

Because of low Reserve Ratio the credit creation power.

Question # 5

Long term is advanced against the following security:

Question # 6

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

Question # 7

Capital market deals in

Question # 8

A bill which can be rediscounted from central bank

Question # 9

In moderan Banking introductory reference is not required in.

Question # 10

Account suitbale for business woman.

Question # 11

the developed form of red claause L.C. is.

Question # 12

Difference between hypothecation and pledge is.

Question # 13

Bank draft is a credit instrument.

Question # 14

The central bank works under the rules framed by:

Question # 15

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


Topic Test

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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 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
2 Grace days are given to debtor for the patment of:
A. Bills of exchange
B. Promissory note
C. Treasury bill
D. Cheque
3 Promissory note means a:
A. Promise to pay fixed amount on fixed date
B. Promise to pay currency notes on fixed date
C. Promise to pay goods on fixed date
D. All of the above
4 Rate of interest in case of fixed deposit is
A. Low
B. High
C. Both
D. None of the above
5 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
6 Money market deals in
A. Promissory note
B. Bills of exchange
C. Marketable securities
D. All the above
7 The main sources of a bank funds are.
A. Deposits
B. Bank own funds
C. Both a and b
D. None of these
8 What is necessary to withdraw money through ATM.
A. ATM card
B. PIN number
C. ATM terminal
D. All of these
9 Which type of a bill can be discounted form bank.
A. Sight bill
B. Time bill
C. Dishonored bill
D. Unaccepted bill
10 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
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

    21 Apr 2018

    niceee

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    Ali Raza

    15 May 2016

    sialkot

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    tahreem

    14 May 2016

    nice

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