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)

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	The word Bank has been derived from the German word	A. Back B. Bancus C. Banco D. None of the above
2	Bank of England was formed in:	A. 1594 B. 1694 C. 1794 D. 1894
3	List of Directors is required at the stage of.	A. Registration B. Incorporation C. Promotion D. Commencement
4	Which document does reveal the internal affairs of a bank	A. Memorandum of bank B. Articles of bank C. Certificate of incorporation D. Prospectus
5	Which one is the primary function of a bank	A. Accepting deposits B. Advancing loans C. Both these D. None of these
6	When was the "Reserve Bank of India" established:	A. 1925 B. 1935 C. 1940 D. 1945
7	Which one is the Secondary function commercial bank.	A. Accept deposits B. Advance loans C. Collections of cheques D. All these
8	American express Bank is an example of.	A. School Bank B. Exchange Bank C. Consortium Bank D. None of these
9	Example of consortium Bank.	A. SBP B. Orion Bank C. MCB D. NBP
10	Who are called the ancestors of modern banks.	A. Merchant B. Money Lenders C. Gold Smiths D. All of these