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

Which one is the Secondary function commercial bank.

Question # 2

Money creative bank is

Question # 3

Which bank was formed under the royal order

Question # 4

For selling shares Bank issues

Question # 5

How many minimum promoters are required to sign on an application for the registration of commercial bank

Question # 6

Whose role is consitered important in the beginning of cheque:

Question # 7

The detail in the memorandum of bank is recorded :

Question # 8

Which method is used for the formation of bank

Question # 9

American express Bank is an example of.

Question # 10

Evolutionary history of early banks includes.

Question # 11

According to Sir John Paget, a bank is an institution which :

Question # 12

Which one is the primary function of a bank

Question # 13

Bank of England and Royal Bank of Scotaland are an examples of.

Question # 14

The charger of commercial Bank is.

Question # 15

Which of the following banks accepts deposits and advances loans

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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 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
2 Whose role is consitered important in the beginning of cheque:
A. Three
B. Merchants
C. Goldsmiths
D. Money lenders
3 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
4 Money creative bank is
A. Central bank
B. Commercial bank
C. Consumer bank
D. Both a and b
5 The document by which the people are invited to buy the shares of bank is called
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus of bank
6 American express Bank is an example of.
A. School Bank
B. Exchange Bank
C. Consortium Bank
D. None of these
7 If a bank is unable to submit prospectus at the time of registration, then it has to submit:
A. Statement in lieu of prospectus
B. Certificate of incorpoartion
C. Certificate of commencement
D. None of the above
8 Modern commercial Bank are teh developed form of the Busniess of.
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
9 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.
10 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses

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    Mannal Fatima

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