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	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
2	Temples were used as early banks in.	A. Italy B. Room C. Greece D. Iraq
3	The main purpose of commercial bank is.	A. Walfare B. Issue notes C. Earn Profits D. All these
4	Most of the experts agreed that the word "Bank" has been derived from the word.	A. Banque B. Banco C. Bancus D. Back
5	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
6	For selling shares Bank issues	A. Tickets B. Prospectus C. Certificate D. Tokens
7	Beginning of Bank draft by	A. Kings B. Money lenders C. Merchants D. gold smith
8	Which bank was formed under the royal order	A. Bank of Venice B. State Bank of Pakistan C. Bank of Barsolona D. Chartered bank of England
9	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
10	List of Directors is required at the stage of.	A. Registration B. Incorporation C. Promotion D. Commencement