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

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

Question # 2

The temples were used as banks in:

Question # 3

Example of consortium Bank.

Question # 4

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

Question # 5

Commercial Bank is a factory of creating credit.

Question # 6

When was the "Bank of Venice" established:

Question # 7

Which one is the Secondary function commercial bank.

Question # 8

Who was the founder of commercial bank

Question # 9

According to Sir John Paget, a bank is an institution which :

Question # 10

The banks under special ordinance are formed:

Question # 11

Begining of Bank draft by.

Question # 12

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

Question # 13

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

Question # 14

Which document does reveal the internal affairs of a bank

Question # 15

List of Directors is required at the stage of.

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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 detail in the memorandum of bank is recorded :
A. In one paragraph
B. In seperate paragraphs
C. On one page
D. All of the above
2 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors
3 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
4 Who are called the ancestors of modern banks.
A. Merchant
B. Money Lenders
C. Gold Smiths
D. All of these
5 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
6 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
7 Which document indicates the authority and limitation of bank
A. Memorandum
B. Articles
C. Certificate of incorporation
D. Prospectus
8 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
9 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
10 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

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