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

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

Question # 2

Muslims commercial Bank was established on.

Question # 3

Second stage of formation of bank is called.

Question # 4

The charger of commercial Bank is.

Question # 5

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

Question # 6

How many minimum promoters are required to sign on an application for the registration of commercial bank

Question # 7

Which document indicates the authority and limitation of bank

Question # 8

When was the "Bank of Venice" established:

Question # 9

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

Question # 10

What type of institution a bank is:

Question # 11

Important source of income for Bank.

Question # 12

Which one is the Secondary function commercial bank.

Question # 13

Manage the internal affairs of Bank.

Question # 14

According to registration , bank is divided into followings categories:

Question # 15

Bank of England was established in.

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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 was the founder of commercial bank
A. Goldsmiths
B. Merchants
C. Money lenders
D. All the above
2 Modern commercial Bank are teh developed form of the Busniess of.
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
3 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
4 If a bank is unable to submit prospectus at the time of registration, then it has to submit:
A. Statement in lieu of prospectus
B. Certificate of incorpoartion
C. Certificate of commencement
D. None of the above
5 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
6 The word Bank has been derived from the German word
A. Back
B. Bancus
C. Banco
D. None of the above
7 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
8 Example of consortium Bank.
A. SBP
B. Orion Bank
C. MCB
D. NBP
9 The detail in the memorandum of bank is recorded :
A. In one paragraph
B. In seperate paragraphs
C. On one page
D. All of the above
10 The first central bank of indo-Pak
A. Bank of Calcutta
B. Imperial bank
C. Reserve bank of India
D. None 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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    Mannal Fatima

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    Mannal Fatima

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    Lahore

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