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

Muslims commercial Bank was established on.

Question # 2

When was the "Reserve Bank of India" established:

Question # 3

The main purpose of commercial bank is.

Question # 4

Most of the experts agreed that the word "Bank" has been derived from the word.

Question # 5

In these days Banks are formed under companies ordinance.

Question # 6

American express Bank is an example of.

Question # 7

Who are called the ancestors of modern banks.

Question # 8

Which document does reveal the internal affairs of a bank

Question # 9

Essentials of successfl banking.

Question # 10

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

Question # 11

For selling shares Bank issues

Question # 12

Evolutionary history of early banks includes.

Question # 13

The document by which the people are invited to buy the shares of bank is called

Question # 14

The primary objective of a central bank is to

Question # 15

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

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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 first central bank of indo-Pak
A. Bank of Calcutta
B. Imperial bank
C. Reserve bank of India
D. None of the above
2 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
3 Which of the following banks accepts deposits and advances loans
A. Cooperative bank
B. Mortgage bank
C. Commercial bank
D. Central bank
4 Most of the experts agreed that the word "Bank" has been derived from the word.
A. Banque
B. Banco
C. Bancus
D. Back
5 The main purpose of commercial bank is.
A. Walfare
B. Issue notes
C. Earn Profits
D. All these
6 The word Bank has been derived from the German word
A. Back
B. Bancus
C. Banco
D. None of the above
7 Which document does reveal the internal affairs of a bank
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus
8 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
9 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above
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

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    Mannal Fatima

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    Mannal Fatima

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    Mannal Fatima

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