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ICOM Part 2 English Medium Principles of Banking Chapter 1 MCQ's Test
Start Chapter 1 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test
00:00
Question # 1
Which of the following banks accepts deposits and advances loans
Question # 2
Begining of Bank draft by.
Question # 3
Which document is attached to the application for the registration of bank
Question # 4
Who started the use of bank draft:
Question # 5
"EFT" stands for
Question # 6
According to Sir John Paget, a bank is an institution which :
Question # 7
The main purpose of commercial bank is.
Question # 8
For Transactions the merchants used to issue.
Question # 9
Temples were used as early banks in.
Question # 10
The primary objective of a central bank is to
Question # 11
Memorandum includes
Question # 12
According to registration , bank is divided into followings categories:
Question # 13
Modern commercial Bank are teh developed form of the Busniess of.
Question # 14
Essentials of successfl banking.
Question # 15
What kinds of business does a commercial bank do
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 | How many minimum promoters are required to sign on an application for the registration of commercial bank |
A. Two
B. Five
C. Seven
D. Ten
|
| 2 | What kinds of business does a commercial bank do |
A. Accepts deposits and advances loans
B. Issues currency notes
C. Re-discounts the bills of exchange
D. All the above
|
| 3 | Modern commercial Bank are teh developed form of the Busniess of. |
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
|
| 4 | Whose role is consitered important in the beginning of cheque: |
A. Three
B. Merchants
C. Goldsmiths
D. Money lenders
|
| 5 | Imperial Bank was established in: |
A. 1921
B. 1925
C. 1932
D. 1937
|
| 6 | Bank of England was formed in: |
A. 1594
B. 1694
C. 1794
D. 1894
|
| 7 | Which document indicates the authority and limitation of bank |
A. Memorandum
B. Articles
C. Certificate of incorporation
D. Prospectus
|
| 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 | Memorandum includes |
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
|
Test Questions