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

The banks under special ordinance are formed:

Question # 2

Bank of England and Royal Bank of Scotaland are an examples of.

Question # 3

Money Lenders usually known as.

Question # 4

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

Question # 5

Who was the founder of commercial bank

Question # 6

American express Bank is an example of.

Question # 7

Commercial bank is factory of creating credit.

Question # 8

Who started the use of bank draft:

Question # 9

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

Question # 10

Money creative bank is

Question # 11

Which document indicates the authority and limitation of bank

Question # 12

For selling shares Bank issues

Question # 13

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

Question # 14

Bank of England was formed in:

Question # 15

When was the "Bank of Venice" established:

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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 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
2 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
3 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
4 Modern commercial Bank are teh developed form of the Busniess of.
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
5 According to registration , bank is divided into followings categories:
A. Home and foreign bank
B. Central and commercial bank
C. Scheduled and non-scheduled bank
D. All of the above
6 Bank of England was established in.
A. 1494
B. 1694
C. 1920
D. 1668
7 Evolutionary history of early banks includes.
A. Merechnats
B. Money Lenders
C. Gold smiths
D. All these
8 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
9 The temples were used as banks in:
A. Italy
B. Rome
C. China
D. Greece
10 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.

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