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

Start Chapter 1 Test

MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"

Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"

  • Total Questions15

  • Time Allowed20

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

00:00
Question # 1

The temples were used as banks in:

Question # 2

bank is the developed form of

Question # 3

"EFT" stands for

Question # 4

For selling shares Bank issues

Question # 5

Memorandum includes

Question # 6

Beginning of cheque by.

Question # 7

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

Question # 8

American express Bank is an example of.

Question # 9

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

Question # 10

What kinds of business does a commercial bank do

Question # 11

Second stage of formation of bank is called.

Question # 12

The detail in the memorandum of bank is recorded :

Question # 13

Commercial bank is factory of creating credit.

Question # 14

According to registration , bank is divided into followings categories:

Question # 15

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

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQs Online With Answers


Topic Test

00:00

ICOM Part 2 English Medium Principles of Banking Chapter 1 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQ`s Test

  • Z
    Zeeshan Haider 02 - Jul - 2024 00 Min 39 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 01 Min 41 Sec 15/15
  • O
    Omisha Roy 03 - May - 2024 02 Min 17 Sec 15/15
  • F
    Fatima Raja 16 - Dec - 2024 01 Min 53 Sec 14/15
  • W
    w king 26 - Nov - 2024 02 Min 16 Sec 13/15
  • W
    Waiz Sharif 11 - Jan - 2025 02 Min 08 Sec 12/15
  • T
    Tuba Shahid T 13 - Jul - 2024 02 Min 19 Sec 12/15
  • D
    Domanto Sports 04 - May - 2024 02 Min 32 Sec 11/15
  • R
    Raja Musa Sohail 15 - Apr - 2024 02 Min 33 Sec 11/15
  • M
    Muhammad Waqas Butt 16 - Mar - 2026 02 Min 41 Sec 11/15
  • A
    Aliza Fiaz 29 - Apr - 2026 02 Min 08 Sec 10/15
  • K
    Kainat Mudasar 26 - Apr - 2024 05 Min 34 Sec 10/15
  • S
    sameer abbas 07 - May - 2026 11 Min 18 Sec 10/15
  • E
    Eman Khalid 12 - Mar - 2026 01 Min 52 Sec 9/15
  • A
    Afia Mashood 14 - Apr - 2024 02 Min 20 Sec 9/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 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
2 Which document does reveal the internal affairs of a bank
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus
3 For selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
4 Who started the use of bank draft:
A. Kings
B. Merchants
C. Money lenders
D. Goldsmiths
5 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
6 Bank of England was established in.
A. 1494
B. 1694
C. 1920
D. 1668
7 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors
8 Which of the following banks accepts deposits and advances loans
A. Cooperative bank
B. Mortgage bank
C. Commercial bank
D. Central bank
9 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above
10 The change in the address of abnk should be intimated to registar within:
A. Eight days
B. Ten days
C. Eighteen days
D. Twenty eight days

Test Questions

Share your comments & questions here

Guest
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply