12th class Principle of Banking chapter 1 online mcq test with answers for ICOM part 2 Principle of Banking Chapter 1 (Beginning and Evolution of Bank)

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	Evolutionary history of early banks includes.	A. Merechnats B. Money Lenders C. Gold smiths D. All these
2	When was the "Reserve Bank of India" established:	A. 1925 B. 1935 C. 1940 D. 1945
3	For Transactions the merchants used to issue.	A. Passport B. Promissory note C. Ideintty card D. Bil lof exchange
4	For selling shares Bank issues	A. Tickets B. Prospectus C. Certificate D. Tokens
5	Which one is the Secondary function commercial bank.	A. Accept deposits B. Advance loans C. Collections of cheques D. All these
6	What type of institution a bank is:	A. Financial B. Social C. Religious D. All of the above
7	Second stage of formation of bank is called.	A. Incorporation B. Commencement C. Issue of shares D. Promotion
8	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
9	In these days Banks are formed under companies ordinance.	A. 1962 B. 1932 C. 1984 D. 1013
10	According to registration , bank is divided into followings categories:	A. Home and foreign bank B. Central and commercial bank C. Scheduled and non-scheduled bank D. All of the above