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

American express Bank is an example of.

Question # 2

Most of the experts agreed that the word "Bank" has been derived from the word.

Question # 3

Temples were used as early banks in.

Question # 4

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

Question # 5

Evolutionary history of early banks includes.

Question # 6

How many minimum promoters are required to sign on an application for the registration of commercial bank

Question # 7

What kinds of business does a commercial bank do

Question # 8

Who was the founder of commercial bank

Question # 9

According to registration , bank is divided into followings categories:

Question # 10

The change in the address of abnk should be intimated to registar within:

Question # 11

Important source of income for Bank.

Question # 12

For selling shares Bank issues

Question # 13

The first central bank of indo-Pak

Question # 14

The primary objective of a central bank is to

Question # 15

Beginning of Bank draft by

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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 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
2 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
3 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
4 For selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
5 When was the "Reserve Bank of India" established:
A. 1925
B. 1935
C. 1940
D. 1945
6 Which method is used for the formation of bank
A. Royal order
B. Special ordinance
C. Company's ordinance
D. All of the above
7 Who was the founder of commercial bank
A. Goldsmiths
B. Merchants
C. Money lenders
D. All the above
8 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
9 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
10 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these

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