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)

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	Second stage of formation of bank is called.	A. Incorporation B. Commencement C. Issue of shares D. Promotion
2	List of Directors is required at the stage of.	A. Registration B. Incorporation C. Promotion D. Commencement
3	Most of the experts agreed that the word "Bank" has been derived from the word.	A. Banque B. Banco C. Bancus D. Back
4	Manage the internal affairs of Bank.	A. Prospectus B. Memorandum C. Articles D. All of these
5	Which document indicates the authority and limitation of bank	A. Memorandum B. Articles C. Certificate of incorporation D. Prospectus
6	The primary objective of a central bank is to	A. Earn profit B. Advance loans to traders C. Safeguard the national interest D. All of the above
7	Which document does reveal the internal affairs of a bank	A. Memorandum of bank B. Articles of bank C. Certificate of incorporation D. Prospectus
8	Memorandum includes	A. 05 Clasuses B. 06 Clauses C. 10 Clauses D. 12 Clauses
9	Important source of income for Bank.	A. Deposits B. Current Account C. Saving account D. Issued loans
10	Temples were used as early banks in.	A. Italy B. Room C. Greece D. Iraq