12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 1 (Beginning and Evolution of Bank)

ICOM Part 2 English Medium Principles of Banking Chapter 1 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test

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Question # 1

American express Bank is an example of.

Question # 2

The first central bank of indo-Pak

Question # 3

In these days Banks are formed under companies ordinance.

Question # 4

Bank of England and Royal Bank of Scotaland are an examples of.

Question # 5

Which of the following banks accepts deposits and advances loans

Question # 6

Who are called the ancestors of modern banks.

Question # 7

Second stage of formation of bank is called.

Question # 8

Manage the internal affairs of Bank.

Question # 9

Muslims commercial Bank was established on.

Question # 10

The main purpose of commercial bank is.

Question # 11

Modern commercial Bank are teh developed form of the Busniess of.

Question # 12

The banks under special ordinance are formed:

Question # 13

The primary objective of a central bank is to

Question # 14

Who was the founder of commercial bank

Question # 15

According to registration , bank is divided into followings categories:

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ICOM Part 2 English Medium Principles of Banking Chapter 1 MCQ's Test

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 For selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
2 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
3 Whose role is consitered important in the beginning of cheque:
A. Three
B. Merchants
C. Goldsmiths
D. Money lenders
4 Money creative bank is
A. Central bank
B. Commercial bank
C. Consumer bank
D. Both a and b
5 If a bank is unable to submit prospectus at the time of registration, then it has to submit:
A. Statement in lieu of prospectus
B. Certificate of incorpoartion
C. Certificate of commencement
D. None of the above
6 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
7 Manage the internal affairs of Bank.
A. Prospectus
B. Memorandum
C. Articles
D. All of these
8 Essentials of successfl banking.
A. Large capital
B. Secured loans
C. Inflation
D. Both of these
9 The change in the address of abnk should be intimated to registar within:
A. Eight days
B. Ten days
C. Eighteen days
D. Twenty eight days
10 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937

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