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ICOM Part 2 English Medium Principles of Banking Chapter 1 MCQ's Test
Start Chapter 1 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test
00:00
Question # 1
Commercial Bank is a factory of creating credit.
Question # 2
Which document is attached to the application for the registration of bank
Question # 3
Evolutionary history of early banks includes.
Question # 4
Which one is the Secondary function commercial bank.
Question # 5
Essentials of successfl banking.
Question # 6
List of Directors is required at the stage of.
Question # 7
Important source of income for Bank.
Question # 8
The main purpose of commercial bank is.
Question # 9
Bank of England was formed in:
Question # 10
Which document does reveal the internal affairs of a bank
Question # 11
Which method is used for the formation of bank
Question # 12
The detail in the memorandum of bank is recorded :
Question # 13
Most of the experts agreed that the word "Bank" has been derived from the word.
Question # 14
Second stage of formation of bank is called.
Question # 15
Who started the use of bank draft:
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 | Beginning of cheque by. |
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.
|
| 2 | The detail in the memorandum of bank is recorded : |
A. In one paragraph
B. In seperate paragraphs
C. On one page
D. All of the above
|
| 3 | Which one is the primary function of a bank |
A. Accepting deposits
B. Advancing loans
C. Both these
D. None of these
|
| 4 | 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
|
| 5 | Who started the use of bank draft: |
A. Kings
B. Merchants
C. Money lenders
D. Goldsmiths
|
| 6 | For Transactions the merchants used to issue. |
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange
|
| 7 | How many minimum promoters are required to sign on an application for the registration of commercial bank |
A. Two
B. Five
C. Seven
D. Ten
|
| 8 | What type of institution a bank is: |
A. Financial
B. Social
C. Religious
D. All of the above
|
| 9 | Muslims commercial Bank was established on. |
A. 1947
B. 1948
C. 1951
D. 1949
|
| 10 | Who are called the ancestors of modern banks. |
A. Merchant
B. Money Lenders
C. Gold Smiths
D. All of these
|
Test Questions