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

When was the "Bank of England" got the monopoly ovwe note issue:

Question # 2

For selling shares Bank issues

Question # 3

Beginning of cheque by.

Question # 4

Who used to tak gold and precfious metal as safe custody.

Question # 5

Manage the internal affairs of Bank.

Question # 6

Muslims commercial Bank was established on.

Question # 7

The charger of commercial Bank is.

Question # 8

According to registration , bank is divided into followings categories:

Question # 9

Commercial Bank is a factory of creating credit.

Question # 10

Which one is the Secondary function commercial bank.

Question # 11

Who was the founder of commercial bank

Question # 12

Which method is used for the formation of bank

Question # 13

Modern commercial Bank are teh developed form of the Busniess of.

Question # 14

bank is the developed form of

Question # 15

What kinds of business does a commercial bank do

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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 For Transactions the merchants used to issue.
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange
2 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
3 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
4 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
5 Which one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
6 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
7 The word Bank has been derived from the German word
A. Back
B. Bancus
C. Banco
D. None of the above
8 The temples were used as banks in:
A. Italy
B. Rome
C. China
D. Greece
9 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors
10 Whose role is consitered important in the beginning of cheque:
A. Three
B. Merchants
C. Goldsmiths
D. Money lenders

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