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

Whose role is consitered important in the beginning of cheque:

Question # 2

The charger of commercial Bank is.

Question # 3

Which of the following banks accepts deposits and advances loans

Question # 4

Which method is used for the formation of bank

Question # 5

The document by which the people are invited to buy the shares of bank is called

Question # 6

The detail in the memorandum of bank is recorded :

Question # 7

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

Question # 8

Who was the founder of commercial bank

Question # 9

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

Question # 10

In these days Banks are formed under companies ordinance.

Question # 11

The main purpose of commercial bank is.

Question # 12

According to registration , bank is divided into followings categories:

Question # 13

Evolutionary history of early banks includes.

Question # 14

Second stage of formation of bank is called.

Question # 15

Who are called the ancestors of modern banks.

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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 charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
2 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
3 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
4 Modern commercial Bank are teh developed form of the Busniess of.
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
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 For Transactions the merchants used to issue.
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange
7 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
8 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
9 Which method is used for the formation of bank
A. Royal order
B. Special ordinance
C. Company's ordinance
D. All of the above
10 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses

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