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 .

 

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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

Who did print the cheque in specific form for the first time or firstly:

Question # 2

Bank is bound to honour the cheque of customer if:

Question # 3

when customer deposit his money in bank he become.

Question # 4

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

Question # 5

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Question # 6

Which one of the following is not the preference of state bank of Pakistan

Question # 7

Customer can withdraw money only after the expiry of fixed time

Question # 8

Person gets finance from bank in terms of Mudarba Act as

Question # 9

The type of Foreign or international trade are.

Question # 10

The main purpose of commercial bank is.

Question # 11

The various kind of bank draft includes.

Question # 12

Which of the followingis highly marketable security.

Question # 13

The relation ship between Cash Reserve and credit creation is.

Question # 14

Short term monetary assets are also called as.

Question # 15

If there is no gurantee to honour the L.C. It 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 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
2 The commercial banks may be:
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above
3 Rapid transfer fo funds is the feature of good.
A. Open market
B. Money market
C. Discount house
D. None of these
4 The commercial banks provide the following type of loan by discounting the B/E:
A. Short term
B. Medium term
C. Long term
D. All of the above
5 Which of the following is meant for presenting a summary and balance of accounts of bank customers
A. Bank statement
B. Balance sheet
C. Pass book
D. Prospectus
6 The temples were used as banks in:
A. Italy
B. Rome
C. China
D. Greece
7 The person who opens an account with the bank is called
A. Employee of bank
B. Customer of bank
C. Account holder of bank
D. Owner of bank
8 IDB provides finance to
A. All countries
B. Asian countries
C. Europian countries
D. Member Muslim Countries
9 Parties involvedin money order.
A. Two
B. Three
C. Four
D. Five
10 The Lady Phd.Governors of State Bank of Paksitan inclued.
A. M. Yaqoob
B. Ishrat Hussain
C. Shamshad Akhtar
D. All of these
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ICOM Part 2 Principles of Banking English Medium MCQ's Test

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