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

Who started the use of bank draft:

Question # 2

The primary objective of a central bank is to

Question # 3

Who used to tak gold and precfious metal as safe custody.

Question # 4

Begining of Bank draft by.

Question # 5

Imperial Bank was established in:

Question # 6

Which document indicates the authority and limitation of bank

Question # 7

Which method is used for the formation of bank

Question # 8

Evolutionary history of early banks includes.

Question # 9

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

Question # 10

The main purpose of commercial bank is.

Question # 11

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

Question # 12

Which document is attached to the application for the registration of bank

Question # 13

Who are called the ancestors of modern banks.

Question # 14

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

Question # 15

The first central bank of indo-Pak

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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 Most of the experts agreed that the word "Bank" has been derived from the word.
A. Banque
B. Banco
C. Bancus
D. Back
2 Who started the use of bank draft:
A. Kings
B. Merchants
C. Money lenders
D. Goldsmiths
3 Commercial Bank is a factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I.Heart
4 If a bank is unable to submit prospectus at the time of registration, then it has to submit:
A. Statement in lieu of prospectus
B. Certificate of incorpoartion
C. Certificate of commencement
D. None of the above
5 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
6 Whose role is consitered important in the beginning of cheque:
A. Three
B. Merchants
C. Goldsmiths
D. Money lenders
7 Example of consortium Bank.
A. SBP
B. Orion Bank
C. MCB
D. NBP
8 Which document is attached to the application for the registration of bank
A. Memorandum of bank
B. Articles of bank
C. Prospectus
D. All the above
9 Due to good Banking system which sector showed Rapid growth.
A. Agriculture sector
B. Industiral sector
C. Banking Sector
D. All of these
10 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these

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