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12th Class Principles of Banking Test

Here you can prepare 12th Class Principles of Banking English Medium Test. Click the button for 12th Class Principles of Banking English Medium 100% free full practice test.

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 Banking Test
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Top Scorers of Principles of Banking Icom Part 2 English Medium Online Test

A

Ayesha Akmal

Lahore30 - Nov - 2024

9/15
03 Mins 43 Sec
L

Laiba Sehar45

Lahore17 - Nov - 2024

8/15
02 Mins 46 Sec

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

Sr. # Questions Answers Choice
1 Adjusting a debit balance against a credit balance by the bank is called.
  • A. Balancing
  • B. Adjustment
  • C. Setting off
  • D. All these
2 The facilities provide d by ATM machine includes
  • A. Mini Statement
  • B. Transfer funds
  • C. Balace inquiry
  • D. All of these
3 Purchasing power theory of foreign exchange was given by.
  • A. Hartly
  • B. Gustav Cassel
  • C. D .Cock
  • D. None of these
4 Scheduled bank keeps a certain amount of its deposits with central bank as
  • A. Reserve capital
  • B. Bank rate
  • C. Subscribed capital
  • D. Authorized capital
5 Who was the founder of commercial bank
  • A. Goldsmiths
  • B. Merchants
  • C. Money lenders
  • D. All the above
6 Negotiable credit instrument.
  • A. Control credit
  • B. Stop credit
  • C. Create credit
  • D. None of these
7 How many institutions in money market in Pakistan
  • A. 7
  • B. 8
  • C. 9
  • D. 10
8 Market for shor term loans.
  • A. Money market
  • B. Capital market
  • C. Open market
  • D. All of these
9 The principle of note issue are.
  • A. Currency Principles
  • B. Banking Principles
  • C. Both a and b
  • D. None of these
10 For its customers a commercial bank sells and buys:
  • A. Foreign exchange
  • B. Property
  • C. Securities
  • D. All of the above

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  • A

    Areesha Khan

    04 Mar 2019

    good work

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  • R

    Rimsha

    21 Apr 2018

    niceee

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  • A

    Ali Raza

    15 May 2016

    sialkot

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    Tahreem Ramzan

    14 May 2016

    nice

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