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

Whose role is consitered important in the beginning of cheque:

Question # 2

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

Question # 3

When was the "Bank of England" got the monopoly ovwe note issue:

Question # 4

Imperial Bank was established in:

Question # 5

Second stage of formation of bank is called.

Question # 6

Which of the following banks accepts deposits and advances loans

Question # 7

The charger of commercial Bank is.

Question # 8

List of Directors is required at the stage of.

Question # 9

When was the "Bank of Venice" established:

Question # 10

Example of consortium Bank.

Question # 11

Who are called the ancestors of modern banks.

Question # 12

Money creative bank is

Question # 13

Which one is the primary function of a bank

Question # 14

bank is the developed form of

Question # 15

For Transactions the merchants used to issue.

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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 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
2 Due to good Banking system which sector showed Rapid growth.
A. Agriculture sector
B. Industiral sector
C. Banking Sector
D. All of these
3 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
4 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
5 Most of the experts agreed that the word "Bank" has been derived from the word.
A. Banque
B. Banco
C. Bancus
D. Back
6 Which document is attached to the application for the registration of bank
A. Memorandum of bank
B. Articles of bank
C. Prospectus
D. All the above
7 Example of consortium Bank.
A. SBP
B. Orion Bank
C. MCB
D. NBP
8 The change in the address of abnk should be intimated to registar within:
A. Eight days
B. Ten days
C. Eighteen days
D. Twenty eight days
9 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
10 Beginning of Bank draft by
A. Kings
B. Money lenders
C. Merchants
D. gold smith

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