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)

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Sr.#	Question	Answer
1	Which of the following banks accepts deposits and advances loans	A. Cooperative bank B. Mortgage bank C. Commercial bank D. Central bank
2	American express Bank is an example of.	A. School Bank B. Exchange Bank C. Consortium Bank D. None of these
3	bank is the developed form of	A. The business of moneylenders B. The business of merchants C. The business of goldsmiths D. None of the above
4	Due to good Banking system which sector showed Rapid growth.	A. Agriculture sector B. Industiral sector C. Banking Sector D. All of these
5	Example of consortium Bank.	A. SBP B. Orion Bank C. MCB D. NBP
6	Temples were used as early banks in.	A. Italy B. Room C. Greece D. Iraq
7	Important source of income for Bank.	A. Deposits B. Current Account C. Saving account D. Issued loans
8	The banks under special ordinance are formed:	A. By the president of any bank B. By the president of world bank C. By the president of a country D. All of the above
9	^{The charger of commercial Bank is.}	A. Momorandum B. Articles C. Prospectus D. None of these
10	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