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.

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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 .

 

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

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ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

Principles of Banking Icom Part 2 English Medium Online Test

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  • Total Questions15

  • Time Allowed20

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Principles of Banking Icom Part 2 English Medium Online Test

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Question # 1

Which institution is not the member of money market

Question # 2

The person who accepts the bill of exchang is.

Question # 3

The various kind of bank draft includes.

Question # 4

On opening Saving Account the Bank Provide.

Question # 5

the loans which cna be demanded back by bank at any time are called.

Question # 6

What is the purpose of monetary policy

Question # 7

What was the capital of State bank of Pakistan at the time of establishment

Question # 8

Person gets finance from bank in terms of Mudarba Act as

Question # 9

Which of the following cannot open account in a bank

Question # 10

Account suitable for salaried person.

Question # 11

It is necessary for scheduled bank to.

Question # 12

Which of the following is the valid method of making payment.

Question # 13

Alternation in cheque must be singed by.

Question # 14

Three grace days are given to debtors for payment.

Question # 15

When bank provides finance to its customer under an agreement of Modaraba, the customer becomes

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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 Negotiable instruments are defined by Act.
A. 1881
B. 1857
C. 1694
D. 1935
2 Which of the following cannot open account in a bank
A. Pargah-nasheen women
B. Minor or infant
C. Lunatic or mental patient
D. Non-trading concern
3 Person who recieves the amount of cheque from bank is called:
A. Drawee
B. Payee
C. Endorsee
D. All of the above
4 Customer can withdraw money only after the expiry of fixed time
A. From saving account
B. From current account
C. From fixed deposit
D. From all the above
5 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
6 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
7 The bank that makes payment to the exporter after receiving L.C. is called.
A. Advising bank
B. Informatory bank
C. Paying bank
D. All of these
8 Bank draft onece issued can not be.
A. Honored
B. Dishonored
C. sent
D. Paid
9 Parties involved in I.O.U
A. Three
B. Four
C. Two
D. Five
10 Upper specie point is got by adding the delivery charges in following metal
A. Silver
B. Gold
C. Iron
D. Copper
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ICOM Part 2 Principles of Banking English Medium MCQ's Test

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