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

Z

Zoya Imran

Lahore24 - Jan - 2025

14/15
06 Mins 58 Sec
Z

Zoya Imran

Lahore24 - Jan - 2025

14/15
06 Mins 58 Sec
J

Jaweria Munir

Lahore06 - Dec - 2024

10/15
14 Mins 37 Sec
A

Ayesha Akmal

Lahore30 - Nov - 2024

9/15
03 Mins 43 Sec
Z

Zoya Imran

Lahore24 - Jan - 2025

8/15
06 Mins 58 Sec
J

Jaweria Munir

Lahore06 - Dec - 2024

8/15
10 Mins 01 Sec

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

Sr. # Questions Answers Choice
1 Paying bank with respect to a letter of credit is called.
  • A. Advising bank
  • B. Informatory bank
  • C. Both these
  • D. None of these
2 Which of the following is a limitation in credit creation.
  • A. Initial deposit
  • B. Use of cheques
  • C. Use currency
  • D. all of these
3 What is the name of central bank of Pakistan
  • A. State Bank of Pakistan
  • B. National Bank of Pakistan
  • C. Bank of Pakistan
  • D. Habib Bank Limited
4 What is the purpose of using credit card
  • A. To purchases goods and services
  • B. To win the prized from banks
  • C. To travel abroad
  • D. To invest the saving
5 In an organized money market the interest rate is.
  • A. Less
  • B. More
  • C. Uniform
  • D. All these
6 The purpose of credit card is.
  • A. Sell goods
  • B. Control credit
  • C. Purchase goods
  • D. None of these
7 The method which is mostly use in making foreign payments are.
  • A. Telegraphic transfer
  • B. Foreign bill of exchange
  • C. By post
  • D. All of these
8 Central bank is owned by
  • A. Public
  • B. Government
  • C. Commercial baks
  • D. All of the above
9 The loan given against some security are known as.
  • A. Unsecured loans
  • B. Demand loans
  • C. Secured loans
  • D. All the above
10 A person who writes the bill is called
  • A. Drawee
  • B. Drawer
  • C. Payee
  • D. Acceptor

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  • A

    Areesha Khan

    04 Mar 2019

    good work

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  • R

    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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