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

Whose role is consitered important in the beginning of cheque:

Question # 2

Beginning of cheque by.

Question # 3

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

Question # 4

Bank of England was formed in:

Question # 5

Which method is used for the formation of bank

Question # 6

For Transactions the merchants used to issue.

Question # 7

List of Directors is required at the stage of.

Question # 8

When was the "Bank of Venice" established:

Question # 9

Which bank was formed under the royal order

Question # 10

Which document indicates the authority and limitation of bank

Question # 11

The change in the address of abnk should be intimated to registar within:

Question # 12

The detail in the memorandum of bank is recorded :

Question # 13

bank is the developed form of

Question # 14

Temples were used as early banks in.

Question # 15

Which document does reveal the internal affairs of a 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 Bank of England was established in.
A. 1494
B. 1694
C. 1920
D. 1668
2 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
3 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
4 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
5 Money creative bank is
A. Central bank
B. Commercial bank
C. Consumer bank
D. Both a and b
6 Modern commercial Bank are teh developed form of the Busniess of.
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
7 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
8 Which one is the primary function of a bank
A. Accepting deposits
B. Advancing loans
C. Both these
D. None of these
9 The word Bank has been derived from the German word
A. Back
B. Bancus
C. Banco
D. None of the above
10 The temples were used as banks in:
A. Italy
B. Rome
C. China
D. Greece

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