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

Which 0f the following is the objective of central bank.

Question # 2

The first central bank of indo-Pak

Question # 3

PICIC was established as

Question # 4

If drawing of a cheque signs o its back for transferring the rights to another person is called

Question # 5

Which of the following is not a right of a bank.

Question # 6

How many institutions in money market in Pakistan

Question # 7

Non-scheduled bank can

Question # 8

Central bank does not provide the following facility to non-scheduled bank

Question # 9

Example of Non scheduled is

Question # 10

Crossing makes the cheque:

Question # 11

Drawer and payee of inland promissory note belong to

Question # 12

Parties involved in I.O.U

Question # 13

Whose role is consitered important in the beginning of cheque:

Question # 14

The market where foreign moneys are bought and sold is.

Question # 15

Promissory note drawn by two or more persons is called


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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 Who can issue participation term certificates.
A. Firm
B. Company
C. Cooperative society
D. All of these
2 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
3 Saving account can be opened by:
A. An individual
B. A group of persons
C. The institutions
D. All of the above
4 ATM is used to withdraw money from the
A. Branch of bank in which we have the account
B. Any branch of concerned bank
C. Other banks
D. All the above
5 Generally, the instruments which are used in foreign receipts and payments called
A. Exchange rate
B. Foreign exchange
C. Letter of credit
D. All of the above
6 What is the status of an account if opened by a government institution
A. A non-trading concern
B. An individual
C. A joint-stock company
D. A joint customer
7 The rate of exchange determined by two countries following non-convertible paper currency system is a point where
A. The purchasing power of currency is same
B. The purchasing power of currency is different
C. The purchasing power of currency is zero
D. None of the above
8 Joint Stock Company can open only.
A. Fixed deposited account
B. Saving account
C. B.B.A . Account
D. Current account
9 In Pakistan, the interest free modes of financing have been divided into
A. Two groups
B. Three groups
C. Four groups
D. None of these
10 The loan which can be demanded by bank at anytime:
A. Overdraft
B. Demand loans
C. Bills of exchange
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

    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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