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

Beginning of cheque by.

Question # 2

Commercial Bank is a factory of creating credit.

Question # 3

Muslims commercial Bank was established on.

Question # 4

Manage the internal affairs of Bank.

Question # 5

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

Question # 6

Evolutionary history of early banks includes.

Question # 7

Temples were used as early banks in.

Question # 8

Example of consortium Bank.

Question # 9

Who are called the ancestors of modern banks.

Question # 10

Due to good Banking system which sector showed Rapid growth.

Question # 11

Whose role is consitered important in the beginning of cheque:

Question # 12

What type of institution a bank is:

Question # 13

Begining of Bank draft by.

Question # 14

The main purpose of commercial bank is.

Question # 15

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

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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 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.
2 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
3 The main purpose of commercial bank is.
A. Walfare
B. Issue notes
C. Earn Profits
D. All these
4 Who started the use of bank draft:
A. Kings
B. Merchants
C. Money lenders
D. Goldsmiths
5 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
6 Which of the following banks accepts deposits and advances loans
A. Cooperative bank
B. Mortgage bank
C. Commercial bank
D. Central bank
7 Which one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
8 Bank of England and Royal Bank of Scotaland are an examples of.
A. Statutory Bank
B. Development bank
C. Royal Bank
D. Non eof these
9 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
10 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949

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