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

Start Chapter 1 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"

  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test

00:00
Question # 1

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

Question # 2

List of Directors is required at the stage of.

Question # 3

If a bank is unable to submit prospectus at the time of registration, then it has to submit:

Question # 4

Which document does reveal the internal affairs of a bank

Question # 5

The main purpose of commercial bank is.

Question # 6

In these days Banks are formed under companies ordinance.

Question # 7

Example of consortium Bank.

Question # 8

The document by which the people are invited to buy the shares of bank is called

Question # 9

Important source of income for Bank.

Question # 10

For Transactions the merchants used to issue.

Question # 11

Temples were used as early banks in.

Question # 12

Who started the use of bank draft:

Question # 13

Evolutionary history of early banks includes.

Question # 14

Which one is the primary function of a bank

Question # 15

Money creative bank is

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQs Online With Answers


Topic Test

00:00

ICOM Part 2 English Medium Principles of Banking Chapter 1 MCQ's Test

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

  • Z
    Zeeshan Haider 02 - Jul - 2024 00 Min 39 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 01 Min 41 Sec 15/15
  • O
    Omisha Roy 03 - May - 2024 02 Min 17 Sec 15/15
  • F
    Fatima Raja 16 - Dec - 2024 01 Min 53 Sec 14/15
  • W
    w king 26 - Nov - 2024 02 Min 16 Sec 13/15
  • W
    Waiz Sharif 11 - Jan - 2025 02 Min 08 Sec 12/15
  • T
    Tuba Shahid T 13 - Jul - 2024 02 Min 19 Sec 12/15
  • D
    Domanto Sports 04 - May - 2024 02 Min 32 Sec 11/15
  • R
    Raja Musa Sohail 15 - Apr - 2024 02 Min 33 Sec 11/15
  • M
    Muhammad Waqas Butt 16 - Mar - 2026 02 Min 41 Sec 11/15
  • A
    Aliza Fiaz 29 - Apr - 2026 02 Min 08 Sec 10/15
  • K
    Kainat Mudasar 26 - Apr - 2024 05 Min 34 Sec 10/15
  • S
    sameer abbas 07 - May - 2026 11 Min 18 Sec 10/15
  • E
    Eman Khalid 12 - Mar - 2026 01 Min 52 Sec 9/15
  • A
    Afia Mashood 14 - Apr - 2024 02 Min 20 Sec 9/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
2 The main purpose of commercial bank is.
A. Walfare
B. Issue notes
C. Earn Profits
D. All these
3 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
4 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
5 For Transactions the merchants used to issue.
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange
6 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
7 Temples were used as early banks in.
A. Italy
B. Room
C. Greece
D. Iraq
8 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
9 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above
10 Bank of England was established in.
A. 1494
B. 1694
C. 1920
D. 1668

Test Questions

Share your comments & questions here

Guest
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply