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

00:00
Question # 1

Bank of England was established in.

Question # 2

Begining of Bank draft by.

Question # 3

The main purpose of commercial bank is.

Question # 4

The banks under special ordinance are formed:

Question # 5

Commercial bank is factory of creating credit.

Question # 6

The detail in the memorandum of bank is recorded :

Question # 7

Money Lenders usually known as.

Question # 8

What kinds of business does a commercial bank do

Question # 9

Which bank was formed under the royal order

Question # 10

According to registration , bank is divided into followings categories:

Question # 11

Which one is the primary function of a bank

Question # 12

The word Bank has been derived from the German word

Question # 13

Temples were used as early banks in.

Question # 14

Who started the use of bank draft:

Question # 15

Commercial Bank is a factory of creating credit.

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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 Which one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
2 Bank of England was formed in:
A. 1594
B. 1694
C. 1794
D. 1894
3 Money creative bank is
A. Central bank
B. Commercial bank
C. Consumer bank
D. Both a and b
4 Which one is the primary function of a bank
A. Accepting deposits
B. Advancing loans
C. Both these
D. None of these
5 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors
6 Beginning of Bank draft by
A. Kings
B. Money lenders
C. Merchants
D. gold smith
7 Which document is attached to the application for the registration of bank
A. Memorandum of bank
B. Articles of bank
C. Prospectus
D. All the above
8 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
9 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
10 The temples were used as banks in:
A. Italy
B. Rome
C. China
D. Greece

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