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

When was the "Bank of Venice" established:

Question # 2

Who used to tak gold and precfious metal as safe custody.

Question # 3

For Transactions the merchants used to issue.

Question # 4

The primary objective of a central bank is to

Question # 5

According to Sir John Paget, a bank is an institution which :

Question # 6

Temples were used as early banks in.

Question # 7

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

Question # 8

Which document indicates the authority and limitation of bank

Question # 9

"EFT" stands for

Question # 10

Beginning of Bank draft by

Question # 11

Imperial Bank was established in:

Question # 12

Which method is used for the formation of bank

Question # 13

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

Question # 14

Which one is the Secondary function commercial bank.

Question # 15

Beginning of cheque by.

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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 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
2 Beginning of Bank draft by
A. Kings
B. Money lenders
C. Merchants
D. gold smith
3 When was the "Bank of England" got the monopoly ovwe note issue:
A. 1728
B. 1758
C. 1768
D. 1778
4 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
5 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
6 For Transactions the merchants used to issue.
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange
7 For selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
8 Which document indicates the authority and limitation of bank
A. Memorandum
B. Articles
C. Certificate of incorporation
D. Prospectus
9 Bank of England and Royal Bank of Scotaland are an examples of.
A. Statutory Bank
B. Development bank
C. Royal Bank
D. Non eof these
10 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.

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    Mannal Fatima

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