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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
ic

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

Sr. # Questions Answers Choice
1 It is necessary for scheduled bank to.
  • A. Obey SBP
  • B. Submit report to SBP
  • C. Get the Book checked
  • D. All the above
2 Quaid -e- Azam opened his bank account in.
  • A. 1940
  • B. 1945
  • C. 1957
  • D. 1987
3 Centrak Bank Act as Lender of Last Resort to.
  • A. Scheduled Bank
  • B. Foreign Bank
  • C. Non-Sheduled bank
  • D. All the above
4 The loan against which no security is kept by bank are.
  • A. Secured loans
  • B. Unsecured loans
  • C. Demand loans
  • D. None of these
5 Qualitative methods of monetary policy do not include:
  • A. Direct actions
  • B. Publicity
  • C. Bank rate policy
  • D. Moral pursuation
6 Which institution is not the member of money market
  • A. Commercial bank
  • B. Discount houses
  • C. HBFC
  • D. All the above
7 Draft drawn and pid in two different parties int he same country is called.
  • A. Foreign draft
  • B. Demand draft
  • C. Local draft
  • D. None of these
8 Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue
  • A. 5%
  • B. 10%
  • C. 30%
  • D. 100%
9 Which of the following is a non-commercial letter of credit
  • A. Irrevocable letter of credit
  • B. Red-clause letter of credit
  • C. Special letter of credit
  • D. Traveller's letter of credit
10 Cash reserve of commercial Banks includes.
  • A. Cash in hand
  • B. Cash with SBP
  • C. Balance with other banks
  • D. All the above

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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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    Ali Raza

    15 May 2016

    sialkot

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    Tahreem Ramzan

    14 May 2016

    nice

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