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

Money creative bank is

Question # 2

Which document does reveal the internal affairs of a bank

Question # 3

Bank of England was formed in:

Question # 4

The word Bank has been derived from the German word

Question # 5

Who was the founder of commercial bank

Question # 6

Who started the use of bank draft:

Question # 7

Which of the following banks accepts deposits and advances loans

Question # 8

Which document indicates the authority and limitation of bank

Question # 9

Temples were used as early banks in.

Question # 10

Which bank was formed under the royal order

Question # 11

The first central bank of indo-Pak

Question # 12

Muslims commercial Bank was established on.

Question # 13

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

Question # 14

When was the "Reserve Bank of India" established:

Question # 15

Which method is used for the formation of 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 Due to good Banking system which sector showed Rapid growth.
A. Agriculture sector
B. Industiral sector
C. Banking Sector
D. All of these
2 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
3 When was the "Reserve Bank of India" established:
A. 1925
B. 1935
C. 1940
D. 1945
4 Which one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
5 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
6 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
7 The temples were used as banks in:
A. Italy
B. Rome
C. China
D. Greece
8 "EFT" stands for
A. Electronic Funds transfer
B. Economic financial theory
C. Electronic financial techniques
D. Effecitve fund telegram
9 The document by which the people are invited to buy the shares of bank is called
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus of bank
10 The banks under special ordinance are formed:
A. By the president of any bank
B. By the president of world bank
C. By the president of a country
D. All of the above

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