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

The banks under special ordinance are formed:

Question # 2

Which document indicates the authority and limitation of bank

Question # 3

The word Bank has been derived from the German word

Question # 4

American express Bank is an example of.

Question # 5

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

Question # 6

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

Question # 7

Which one is the Secondary function commercial bank.

Question # 8

Whose role is consitered important in the beginning of cheque:

Question # 9

According to registration , bank is divided into followings categories:

Question # 10

The detail in the memorandum of bank is recorded :

Question # 11

bank is the developed form of

Question # 12

Money creative bank is

Question # 13

Beginning of Bank draft by

Question # 14

Commercial bank is factory of creating credit.

Question # 15

The charger of commercial Bank is.

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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 Example of consortium Bank.
A. SBP
B. Orion Bank
C. MCB
D. NBP
2 Due to good Banking system which sector showed Rapid growth.
A. Agriculture sector
B. Industiral sector
C. Banking Sector
D. All of these
3 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
4 Who started the use of bank draft:
A. Kings
B. Merchants
C. Money lenders
D. Goldsmiths
5 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
6 Money creative bank is
A. Central bank
B. Commercial bank
C. Consumer bank
D. Both a and b
7 Manage the internal affairs of Bank.
A. Prospectus
B. Memorandum
C. Articles
D. All of these
8 When was the "Reserve Bank of India" established:
A. 1925
B. 1935
C. 1940
D. 1945
9 What kinds of business does a commercial bank do
A. Accepts deposits and advances loans
B. Issues currency notes
C. Re-discounts the bills of exchange
D. All the above
10 Bank of England was formed in:
A. 1594
B. 1694
C. 1794
D. 1894

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    Mannal Fatima

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    Mannal Fatima

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    Mannal Fatima

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