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

In these days Banks are formed under companies ordinance.

Question # 2

When was the "Bank of Venice" established:

Question # 3

Example of consortium Bank.

Question # 4

Muslims commercial Bank was established on.

Question # 5

Due to good Banking system which sector showed Rapid growth.

Question # 6

The detail in the memorandum of bank is recorded :

Question # 7

Important source of income for Bank.

Question # 8

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

Question # 9

Which document does reveal the internal affairs of a bank

Question # 10

If a bank is unable to submit prospectus at the time of registration, then it has to submit:

Question # 11

For Transactions the merchants used to issue.

Question # 12

According to registration , bank is divided into followings categories:

Question # 13

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

Question # 14

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

Question # 15

Which document indicates the authority and limitation of bank

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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 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
2 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
3 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.
4 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
5 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
6 Commercial Bank is a factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I.Heart
7 Which bank was formed under the royal order
A. Bank of Venice
B. State Bank of Pakistan
C. Bank of Barsolona
D. Chartered bank of England
8 The temples were used as banks in:
A. Italy
B. Rome
C. China
D. Greece
9 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above
10 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187

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