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1st Chapter

12th Principles of Banking Chapter 1 Test

Here you can prepare 12th Class Principles of Banking Chapter 1 Beginning and Evolution of Bank Test. Click the button for 100% free full practice test.

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)

This online test contains MCQs about following topics:

. Introduction . Derivation of word bank . Histroy of the bank . Evolution of the bank . Definition of the bank . Kinds of the bank . Formation of the bank . Characteristics of the stable banking system

ICOM Part 2 Banking Ch 1 Test
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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)

Sr. # Questions Answers Choice
1 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
2 Who was the founder of commercial bank
  • A. Goldsmiths
  • B. Merchants
  • C. Money lenders
  • D. All the above
3 Modern commercial Bank are teh developed form of the Busniess of.
  • A. Gold Smith
  • B. Merchants
  • C. Money Lenders
  • D. All these
4 Which of the following banks accepts deposits and advances loans
  • A. Cooperative bank
  • B. Mortgage bank
  • C. Commercial bank
  • D. Central bank
5 Second stage of formation of bank is called.
  • A. Incorporation
  • B. Commencement
  • C. Issue of shares
  • D. Promotion
6 Which document does reveal the internal affairs of a bank
  • A. Memorandum of bank
  • B. Articles of bank
  • C. Certificate of incorporation
  • D. Prospectus
7 For selling shares Bank issues
  • A. Tickets
  • B. Prospectus
  • C. Certificate
  • D. Tokens
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 Who started the use of bank draft:
  • A. Kings
  • B. Merchants
  • C. Money lenders
  • D. Goldsmiths
10 The temples were used as banks in:
  • A. Italy
  • B. Rome
  • C. China
  • D. Greece

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test

A

Ahmad Daar

Lahore29 - Mar - 2024

15/15
31 Sec
H

HASEEB Ali

Lahore01 - Mar - 2024

15/15
01 Mins 02 Sec
Z

Z

Lahore10 - Mar - 2024

15/15
01 Mins 39 Sec
O

Omisha Roy

Lahore03 - May - 2024

15/15
02 Mins 17 Sec
Z

Z

Lahore10 - Mar - 2024

14/15
50 Sec
O

Omisha Roy

Lahore03 - May - 2024

14/15
02 Mins 17 Sec
Z

Z

Lahore10 - Mar - 2024

13/15
01 Mins 02 Sec
H

HASEEB Ali

Lahore01 - Mar - 2024

13/15
01 Mins 02 Sec
O

Omisha Roy

Lahore03 - May - 2024

13/15
02 Mins 17 Sec
O

Omisha Roy

Lahore03 - May - 2024

13/15
02 Mins 17 Sec
O

Omisha Roy

Lahore03 - May - 2024

13/15
02 Mins 17 Sec
O

Omisha Roy

Lahore03 - May - 2024

13/15
02 Mins 17 Sec
A

Ahmad Daar

Lahore29 - Mar - 2024

12/15
44 Sec
Z

Z

Lahore10 - Mar - 2024

12/15
01 Mins 15 Sec
Z

Z

Lahore10 - Mar - 2024

12/15
01 Mins 28 Sec

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    01 Jan 2019

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