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

Bank of England was formed in:

Question # 2

What kinds of business does a commercial bank do

Question # 3

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

Question # 4

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

Question # 5

Whose role is consitered important in the beginning of cheque:

Question # 6

Money Lenders usually known as.

Question # 7

The word Bank has been derived from the German word

Question # 8

Temples were used as early banks in.

Question # 9

Commercial Bank is a factory of creating credit.

Question # 10

What type of institution a bank is:

Question # 11

Money creative bank is

Question # 12

Memorandum includes

Question # 13

Who used to tak gold and precfious metal as safe custody.

Question # 14

bank is the developed form of

Question # 15

Commercial bank is factory of creating credit.

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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 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
2 Who started the use of bank draft:
A. Kings
B. Merchants
C. Money lenders
D. Goldsmiths
3 Most of the experts agreed that the word "Bank" has been derived from the word.
A. Banque
B. Banco
C. Bancus
D. Back
4 The temples were used as banks in:
A. Italy
B. Rome
C. China
D. Greece
5 Due to good Banking system which sector showed Rapid growth.
A. Agriculture sector
B. Industiral sector
C. Banking Sector
D. All of these
6 Beginning of Bank draft by
A. Kings
B. Money lenders
C. Merchants
D. gold smith
7 Evolutionary history of early banks includes.
A. Merechnats
B. Money Lenders
C. Gold smiths
D. All these
8 Bank of England was established in.
A. 1494
B. 1694
C. 1920
D. 1668
9 Bank of England was formed in:
A. 1594
B. 1694
C. 1794
D. 1894
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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