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

Money Lenders usually known as.

Question # 2

For Transactions the merchants used to issue.

Question # 3

When was the "Reserve Bank of India" established:

Question # 4

The word Bank has been derived from the German word

Question # 5

When was the "Bank of Venice" established:

Question # 6

Bank of England was formed in:

Question # 7

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

Question # 8

Essentials of successfl banking.

Question # 9

Which document indicates the authority and limitation of bank

Question # 10

In these days Banks are formed under companies ordinance.

Question # 11

Commercial bank is factory of creating credit.

Question # 12

Important source of income for Bank.

Question # 13

According to registration , bank is divided into followings categories:

Question # 14

Example of consortium Bank.

Question # 15

Whose role is consitered important in the beginning of cheque:

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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 Who are called the ancestors of modern banks.
A. Merchant
B. Money Lenders
C. Gold Smiths
D. All of these
2 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
3 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
4 Commercial Bank is a factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I.Heart
5 For selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
6 Which bank was formed under the royal order
A. Bank of Venice
B. State Bank of Pakistan
C. Bank of Barsolona
D. Chartered bank of England
7 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
8 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
9 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
10 Second stage of formation of bank is called.
A. Incorporation
B. Commencement
C. Issue of shares
D. Promotion

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