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1st Chapter

12th Principles of Banking Chapter 1 Test

Here you can prepare 12th Class Principles of Banking Chapter 1 Beginning and Evolution of Bank Test. Click the button for 100% free full practice test.

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)

This online test contains MCQs about following topics:

. Introduction . Derivation of word bank . Histroy of the bank . Evolution of the bank . Definition of the bank . Kinds of the bank . Formation of the bank . Characteristics of the stable banking system

ICOM Part 2 Banking Ch 1 Test
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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)

Sr. # Questions Answers Choice
1 Modern commercial Bank are teh developed form of the Busniess of.
  • A. Gold Smith
  • B. Merchants
  • C. Money Lenders
  • D. All these
2 Whose role is consitered important in the beginning of cheque:
  • A. Three
  • B. Merchants
  • C. Goldsmiths
  • D. Money lenders
3 Who was the founder of commercial bank
  • A. Goldsmiths
  • B. Merchants
  • C. Money lenders
  • D. All the above
4 According to Sir John Paget, a bank is an institution which :
  • A. Accepts the deposits of general public
  • B. Honours the cheques
  • C. Advances loan
  • D. All of the above
5 Manage the internal affairs of Bank.
  • A. Prospectus
  • B. Memorandum
  • C. Articles
  • D. All of these
6 For Transactions the merchants used to issue.
  • A. Passport
  • B. Promissory note
  • C. Ideintty card
  • D. Bil lof exchange
7 The word Bank has been derived from the German word
  • A. Back
  • B. Bancus
  • C. Banco
  • D. None of the above
8 Which document does reveal the internal affairs of a bank
  • A. Memorandum of bank
  • B. Articles of bank
  • C. Certificate of incorporation
  • D. Prospectus
9 The main purpose of commercial bank is.
  • A. Walfare
  • B. Issue notes
  • C. Earn Profits
  • D. All these
10 <sup>The charger of commercial Bank is.</sup>
  • A. Momorandum
  • B. Articles
  • C. Prospectus
  • D. None of these

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test

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Mohammad Hassan Javed

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Hamza Abid

Abbottabad06 - May - 2023

14/15
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Hassan Maqsood

Lahore25 - May - 2023

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01 Mins 20 Sec
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Hiba Asif

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Sufia Hussain

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D

Danish Butt

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Danish Butt

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Danish Butt

Lahore11 - Mar - 2023

13/15
03 Mins 18 Sec
A

Abdulrafeh Abdulrafeh

Lahore24 - May - 2023

13/15
04 Mins 03 Sec
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Hamza Abid

Abbottabad25 - May - 2023

13/15
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H

Hamza Abid

Abbottabad22 - Mar - 2023

13/15
10 Mins 50 Sec
D

Dashing Raja

Lahore25 - May - 2023

12/15
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Ayesha Ayaz

Lahore23 - May - 2023

12/15
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MALIK WAQAR

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01 Mins 25 Sec
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Abdullah Shah

Lahore26 - May - 2023

12/15
02 Mins 06 Sec

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