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

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

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Anum Fawad

Lahore22 - Mar - 2025

14/15
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Z

Zoya Imran

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14/15
06 Mins 58 Sec
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Zoya Imran

Lahore24 - Jan - 2025

14/15
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A

Anum Fawad

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13/15
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Bareera Shahzad 380

Lahore15 - Mar - 2025

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Anum Fawad

Lahore22 - Mar - 2025

13/15
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A

Anum Fawad

Lahore22 - Mar - 2025

12/15
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Bareera Shahzad 380

Lahore12 - Mar - 2025

11/15
01 Mins 56 Sec
A

Anum Fawad

Lahore22 - Mar - 2025

11/15
02 Mins 04 Sec
A

Anum Fawad

Lahore22 - Mar - 2025

10/15
01 Mins 47 Sec
B

Bareera Shahzad 380

Lahore12 - Mar - 2025

10/15
02 Mins 48 Sec
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Syed Ali Akbar Hashmi

Lahore17 - Apr - 2025

10/15
03 Mins 32 Sec
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Bareera Shahzad 380

Lahore15 - Mar - 2025

9/15
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Bareera Shahzad 380

Lahore15 - Mar - 2025

9/15
02 Mins 08 Sec
T

Tech Land

Lahore25 - Feb - 2025

9/15
04 Mins 39 Sec

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

Sr. # Questions Answers Choice
1 The important (basic) kinds of accounts opened in commercial banks are:
  • A. Two
  • B. Three
  • C. Four
  • D. countless
2 Open market operation means.
  • A. Purchase and sale of shares
  • B. Purchases and sale of securities
  • C. Purchase and sale of assets
  • D. None of these
3 What is the nature of credit instrument IOU
  • A. An autograph
  • B. A monograph
  • C. A holograph
  • D. A sonograph
4 Which of the following is a valid method of receiving payment from debtors.
  • A. Debit card
  • B. Credit card
  • C. ATM card
  • D. Cash
5 Running finance means customer has balance at bank.
  • A. Debit Balance
  • B. Credit Balance
  • C. Favorable balance
  • D. None of these
6 The leader of money and capital market in Pakistan.
  • A. Government
  • B. Cental Bank
  • C. Commercial Banks
  • D. None of these
7 Capital market does not deal in
  • A. Shares
  • B. Treasury bills
  • C. Debentures
  • D. Bonds
8 A form of written agreement between the customer and his bank is.
  • A. Cheque book
  • B. Bank Statement
  • C. A/c opening form
  • D. Pass book
9 Ribs Bank of Sweden became central bank in:
  • A. 1568
  • B. 1668
  • C. 1768
  • D. None of the above
10 The market in which funds are borrowed of lent for a period of over one year.
  • A. Money market
  • B. Capital market
  • C. Open market
  • D. None of these

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  • A

    Areesha Khan

    04 Mar 2019

    good work

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    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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