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

Beginning of Bank draft by

Question # 2

The banks under special ordinance are formed:

Question # 3

Which one is the primary function of a bank

Question # 4

Temples were used as early banks in.

Question # 5

Bank of England was formed in:

Question # 6

Memorandum includes

Question # 7

Due to good Banking system which sector showed Rapid growth.

Question # 8

Begining of Bank draft by.

Question # 9

The temples were used as banks in:

Question # 10

Which of the following banks accepts deposits and advances loans

Question # 11

Beginning of cheque by.

Question # 12

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

Question # 13

Evolutionary history of early banks includes.

Question # 14

The first central bank of indo-Pak

Question # 15

When was the "Bank of England" got the monopoly ovwe note issue:

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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 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
2 According to Sir John Paget, a bank is an institution which :
A. Accepts the deposits of general public
B. Honours the cheques
C. Advances loan
D. All of the above
3 Most of the experts agreed that the word "Bank" has been derived from the word.
A. Banque
B. Banco
C. Bancus
D. Back
4 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
5 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors
6 The banks under special ordinance are formed:
A. By the president of any bank
B. By the president of world bank
C. By the president of a country
D. All of the above
7 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
8 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
9 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
10 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above

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