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

The word Bank has been derived from the German word

Question # 2

The temples were used as banks in:

Question # 3

Memorandum includes

Question # 4

Important source of income for Bank.

Question # 5

Which document is attached to the application for the registration of bank

Question # 6

bank is the developed form of

Question # 7

Which bank was formed under the royal order

Question # 8

In these days Banks are formed under companies ordinance.

Question # 9

The primary objective of a central bank is to

Question # 10

Commercial Bank is a factory of creating credit.

Question # 11

For selling shares Bank issues

Question # 12

Which one is the Secondary function commercial bank.

Question # 13

Beginning of Bank draft by

Question # 14

The first central bank of indo-Pak

Question # 15

List of Directors is required at the stage of.

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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 selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
2 Money creative bank is
A. Central bank
B. Commercial bank
C. Consumer bank
D. Both a and b
3 Which document does reveal the internal affairs of a bank
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus
4 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
5 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors
6 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.
7 Commercial Bank is a factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I.Heart
8 American express Bank is an example of.
A. School Bank
B. Exchange Bank
C. Consortium Bank
D. None of these
9 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
10 Temples were used as early banks in.
A. Italy
B. Room
C. Greece
D. Iraq

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