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 document is attached to the application for the registration of bank

Question # 2

Bank of England was formed in:

Question # 3

In these days Banks are formed under companies ordinance.

Question # 4

Important source of income for Bank.

Question # 5

When was the "Bank of Venice" established:

Question # 6

Essentials of successfl banking.

Question # 7

Which method is used for the formation of bank

Question # 8

Temples were used as early banks in.

Question # 9

Commercial bank is factory of creating credit.

Question # 10

The banks under special ordinance are formed:

Question # 11

The temples were used as banks in:

Question # 12

The primary objective of a central bank is to

Question # 13

Who are called the ancestors of modern banks.

Question # 14

Due to good Banking system which sector showed Rapid growth.

Question # 15

Example of consortium 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 The detail in the memorandum of bank is recorded :
A. In one paragraph
B. In seperate paragraphs
C. On one page
D. All of the above
2 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
3 American express Bank is an example of.
A. School Bank
B. Exchange Bank
C. Consortium Bank
D. None of these
4 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above
5 How many minimum promoters are required to sign on an application for the registration of commercial bank
A. Two
B. Five
C. Seven
D. Ten
6 For Transactions the merchants used to issue.
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange
7 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
8 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
9 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
10 Bank of England was formed in:
A. 1594
B. 1694
C. 1794
D. 1894

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