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)

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Sr.#	Question	Answer
1	Imperial Bank was established in:	A. 1921 B. 1925 C. 1932 D. 1937
2	Important source of income for Bank.	A. Deposits B. Current Account C. Saving account D. Issued loans
3	Which document is attached to the application for the registration of bank	A. Memorandum of bank B. Articles of bank C. Prospectus D. All the above
4	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
5	Most of the experts agreed that the word "Bank" has been derived from the word.	A. Banque B. Banco C. Bancus D. Back
6	The change in the address of abnk should be intimated to registar within:	A. Eight days B. Ten days C. Eighteen days D. Twenty eight days
7	Who was the founder of commercial bank	A. Goldsmiths B. Merchants C. Money lenders D. All the above
8	^{The charger of commercial Bank is.}	A. Momorandum B. Articles C. Prospectus D. None of these
9	The main purpose of commercial bank is.	A. Walfare B. Issue notes C. Earn Profits D. All these
10	Who used to tak gold and precfious metal as safe custody.	A. Merchants B. Kings C. Money Lenders D. Gold Smiths