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

List of Directors is required at the stage of.

Question # 2

Due to good Banking system which sector showed Rapid growth.

Question # 3

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

Question # 4

Muslims commercial Bank was established on.

Question # 5

For Transactions the merchants used to issue.

Question # 6

Imperial Bank was established in:

Question # 7

The charger of commercial Bank is.

Question # 8

Which bank was formed under the royal order

Question # 9

The detail in the memorandum of bank is recorded :

Question # 10

Which one is the primary function of a bank

Question # 11

Second stage of formation of bank is called.

Question # 12

Money creative bank is

Question # 13

Example of consortium Bank.

Question # 14

Which document is attached to the application for the registration of bank

Question # 15

Manage the internal affairs of Bank.

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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 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
2 Which document indicates the authority and limitation of bank
A. Memorandum
B. Articles
C. Certificate of incorporation
D. Prospectus
3 When was the "Reserve Bank of India" established:
A. 1925
B. 1935
C. 1940
D. 1945
4 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
5 According to registration , bank is divided into followings categories:
A. Home and foreign bank
B. Central and commercial bank
C. Scheduled and non-scheduled bank
D. All of the above
6 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
7 The word Bank has been derived from the German word
A. Back
B. Bancus
C. Banco
D. None of the above
8 Essentials of successfl banking.
A. Large capital
B. Secured loans
C. Inflation
D. Both of these
9 Due to good Banking system which sector showed Rapid growth.
A. Agriculture sector
B. Industiral sector
C. Banking Sector
D. All of these
10 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors

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    Mannal Fatima

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