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

Example of consortium Bank.

Question # 2

If a bank is unable to submit prospectus at the time of registration, then it has to submit:

Question # 3

Who are called the ancestors of modern banks.

Question # 4

Which document does reveal the internal affairs of a bank

Question # 5

The first central bank of indo-Pak

Question # 6

Important source of income for Bank.

Question # 7

Who started the use of bank draft:

Question # 8

bank is the developed form of

Question # 9

Imperial Bank was established in:

Question # 10

Money creative bank is

Question # 11

"EFT" stands for

Question # 12

American express Bank is an example of.

Question # 13

What type of institution a bank is:

Question # 14

Commercial Bank is a factory of creating credit.

Question # 15

How many minimum promoters are required to sign on an application for the registration of commercial 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 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
2 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
3 Essentials of successfl banking.
A. Large capital
B. Secured loans
C. Inflation
D. Both of these
4 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
5 The change in the address of abnk should be intimated to registar within:
A. Eight days
B. Ten days
C. Eighteen days
D. Twenty eight days
6 Bank of England was formed in:
A. 1594
B. 1694
C. 1794
D. 1894
7 For selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
8 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
9 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
10 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187

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