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

Evolutionary history of early banks includes.

Question # 2

Important source of income for Bank.

Question # 3

Bank of England was formed in:

Question # 4

Whose role is consitered important in the beginning of cheque:

Question # 5

Beginning of Bank draft by

Question # 6

The banks under special ordinance are formed:

Question # 7

How many minimum promoters are required to sign on an application for the registration of commercial bank

Question # 8

What type of institution a bank is:

Question # 9

Money creative bank is

Question # 10

When was the "Reserve Bank of India" established:

Question # 11

Memorandum includes

Question # 12

American express Bank is an example of.

Question # 13

Who was the founder of commercial bank

Question # 14

The first central bank of indo-Pak

Question # 15

The primary objective of a central bank is to

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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 Who was the founder of commercial bank
A. Goldsmiths
B. Merchants
C. Money lenders
D. All the above
2 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
3 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
4 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
5 Example of consortium Bank.
A. SBP
B. Orion Bank
C. MCB
D. NBP
6 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
7 How many minimum promoters are required to sign on an application for the registration of commercial bank
A. Two
B. Five
C. Seven
D. Ten
8 bank is the developed form of
A. The business of moneylenders
B. The business of merchants
C. The business of goldsmiths
D. None of the above
9 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
10 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses

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