12th class Principle of Banking chapter 1 online mcq test with answers for ICOM part 2 Principle of Banking Chapter 1 (Beginning and Evolution of Bank)

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQ`s Test

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	^{The charger of commercial Bank is.}	A. Momorandum B. Articles C. Prospectus D. None of these
3	The primary objective of a central bank is to	A. Earn profit B. Advance loans to traders C. Safeguard the national interest D. All of the above
4	Essentials of successfl banking.	A. Large capital B. Secured loans C. Inflation D. Both of these
5	Who used to tak gold and precfious metal as safe custody.	A. Merchants B. Kings C. Money Lenders D. Gold Smiths
6	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
7	Money creative bank is	A. Central bank B. Commercial bank C. Consumer bank D. Both a and b
8	When was the "Reserve Bank of India" established:	A. 1925 B. 1935 C. 1940 D. 1945
9	Memorandum includes	A. 05 Clasuses B. 06 Clauses C. 10 Clauses D. 12 Clauses
10	Bank of England was formed in:	A. 1594 B. 1694 C. 1794 D. 1894