12th class Principle of Banking chapter 1 online mcq test with answers for ICOM part 2 Principle of Banking Chapter 1 (Beginning and Evolution of Bank)

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Sr.#	Question	Answer
1	Evolutionary history of early banks includes.	A. Merechnats B. Money Lenders C. Gold smiths D. All these
2	What type of institution a bank is:	A. Financial B. Social C. Religious D. All of the above
3	Who used to tak gold and precfious metal as safe custody.	A. Merchants B. Kings C. Money Lenders D. Gold Smiths
4	Which one is the Secondary function commercial bank.	A. Accept deposits B. Advance loans C. Collections of cheques D. All these
5	Temples were used as early banks in.	A. Italy B. Room C. Greece D. Iraq
6	The temples were used as banks in:	A. Italy B. Rome C. China D. Greece
7	"EFT" stands for	A. Electronic Funds transfer B. Economic financial theory C. Electronic financial techniques D. Effecitve fund telegram
8	Muslims commercial Bank was established on.	A. 1947 B. 1948 C. 1951 D. 1949
9	Essentials of successfl banking.	A. Large capital B. Secured loans C. Inflation D. Both of these
10	Which document does reveal the internal affairs of a bank	A. Memorandum of bank B. Articles of bank C. Certificate of incorporation D. Prospectus