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

The temples were used as banks in:

Question # 2

Commercial bank is factory of creating credit.

Question # 3

Evolutionary history of early banks includes.

Question # 4

What type of institution a bank is:

Question # 5

Temples were used as early banks in.

Question # 6

According to Sir John Paget, a bank is an institution which :

Question # 7

Bank of England and Royal Bank of Scotaland are an examples of.

Question # 8

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

Question # 9

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

Question # 10

Money Lenders usually known as.

Question # 11

Which of the following banks accepts deposits and advances loans

Question # 12

Which method is used for the formation of bank

Question # 13

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

Question # 14

Which one is the Secondary function commercial bank.

Question # 15

The first central bank of indo-Pak

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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 Temples were used as early banks in.
A. Italy
B. Room
C. Greece
D. Iraq
2 Which bank was formed under the royal order
A. Bank of Venice
B. State Bank of Pakistan
C. Bank of Barsolona
D. Chartered bank of England
3 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
4 The banks under special ordinance are formed:
A. By the president of any bank
B. By the president of world bank
C. By the president of a country
D. All of the above
5 Bank of England was formed in:
A. 1594
B. 1694
C. 1794
D. 1894
6 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
7 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
8 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors
9 Which document indicates the authority and limitation of bank
A. Memorandum
B. Articles
C. Certificate of incorporation
D. Prospectus
10 Which one is the primary function of a bank
A. Accepting deposits
B. Advancing loans
C. Both these
D. None of these

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