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

Manage the internal affairs of Bank.

Question # 2

Imperial Bank was established in:

Question # 3

Who are called the ancestors of modern banks.

Question # 4

Bank of England was formed in:

Question # 5

Whose role is consitered important in the beginning of cheque:

Question # 6

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

Question # 7

Which method is used for the formation of bank

Question # 8

Due to good Banking system which sector showed Rapid growth.

Question # 9

Evolutionary history of early banks includes.

Question # 10

The banks under special ordinance are formed:

Question # 11

The detail in the memorandum of bank is recorded :

Question # 12

The charger of commercial Bank is.

Question # 13

Important source of income for Bank.

Question # 14

The temples were used as banks in:

Question # 15

The first central bank of indo-Pak

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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 are called the ancestors of modern banks.
A. Merchant
B. Money Lenders
C. Gold Smiths
D. All of these
2 The detail in the memorandum of bank is recorded :
A. In one paragraph
B. In seperate paragraphs
C. On one page
D. All of the above
3 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
4 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
5 Who was the founder of commercial bank
A. Goldsmiths
B. Merchants
C. Money lenders
D. All the above
6 When was the "Reserve Bank of India" established:
A. 1925
B. 1935
C. 1940
D. 1945
7 Which one is the primary function of a bank
A. Accepting deposits
B. Advancing loans
C. Both these
D. None of these
8 Evolutionary history of early banks includes.
A. Merechnats
B. Money Lenders
C. Gold smiths
D. All these
9 The primary objective of a central bank is to
A. Earn profit
B. Advance loans to traders
C. Safeguard the national interest
D. All of the above
10 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

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    Mannal Fatima

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    Mannal Fatima

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    Mannal Fatima

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    Lahore

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