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

Who started the use of bank draft:

Question # 2

Who was the founder of commercial bank

Question # 3

Begining of Bank draft by.

Question # 4

How many minimum promoters are required to sign on an application for the registration of commercial bank

Question # 5

Which method is used for the formation of bank

Question # 6

Bank of England was formed in:

Question # 7

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

Question # 8

bank is the developed form of

Question # 9

Which one is the primary function of a bank

Question # 10

According to registration , bank is divided into followings categories:

Question # 11

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

Question # 12

The primary objective of a central bank is to

Question # 13

Second stage of formation of bank is called.

Question # 14

Important source of income for Bank.

Question # 15

Due to good Banking system which sector showed Rapid growth.

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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 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
2 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
3 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
4 Which method is used for the formation of bank
A. Royal order
B. Special ordinance
C. Company's ordinance
D. All of the above
5 Which one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
6 Example of consortium Bank.
A. SBP
B. Orion Bank
C. MCB
D. NBP
7 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
8 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
9 Second stage of formation of bank is called.
A. Incorporation
B. Commencement
C. Issue of shares
D. Promotion
10 Beginning of Bank draft by
A. Kings
B. Money lenders
C. Merchants
D. gold smith

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