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

When was the "Bank of England" got the monopoly ovwe note issue:

Question # 2

Which document does reveal the internal affairs of a bank

Question # 3

Imperial Bank was established in:

Question # 4

Money creative bank is

Question # 5

Who was the founder of commercial bank

Question # 6

Begining of Bank draft by.

Question # 7

The document by which the people are invited to buy the shares of bank is called

Question # 8

The detail in the memorandum of bank is recorded :

Question # 9

Which bank was formed under the royal order

Question # 10

Which document indicates the authority and limitation of bank

Question # 11

Due to good Banking system which sector showed Rapid growth.

Question # 12

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

Question # 13

Which one is the primary function of a bank

Question # 14

Modern commercial Bank are teh developed form of the Busniess of.

Question # 15

Bank of England was formed in:

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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 The first central bank of indo-Pak
A. Bank of Calcutta
B. Imperial bank
C. Reserve bank of India
D. None of the above
2 Which document indicates the authority and limitation of bank
A. Memorandum
B. Articles
C. Certificate of incorporation
D. Prospectus
3 American express Bank is an example of.
A. School Bank
B. Exchange Bank
C. Consortium Bank
D. None of these
4 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
5 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
6 Second stage of formation of bank is called.
A. Incorporation
B. Commencement
C. Issue of shares
D. Promotion
7 Who was the founder of commercial bank
A. Goldsmiths
B. Merchants
C. Money lenders
D. All the above
8 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.
9 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
10 The main purpose of commercial bank is.
A. Walfare
B. Issue notes
C. Earn Profits
D. All these

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    Mannal Fatima

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