ICOM Part 2 English Medium Principles of Banking Chapter 1 MCQ's Test

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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12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 1 (Beginning and Evolution of Bank)

Sr. # Questions Answers Choice
1 How many minimum promoters are required to sign on an application for the registration of commercial bank
  • A. Two
  • B. Five
  • C. Seven
  • D. Ten
2 Bank of England was established in.
  • A. 1494
  • B. 1694
  • C. 1920
  • D. 1668
3 Due to good Banking system which sector showed Rapid growth.
  • A. Agriculture sector
  • B. Industiral sector
  • C. Banking Sector
  • D. All of these
4 The primary objective of a central bank is to
  • A. Earn profit
  • B. Advance loans to traders
  • C. Safeguard the national interest
  • D. All of the above
5 Beginning of Bank draft by
  • A. Kings
  • B. Money lenders
  • C. Merchants
  • D. gold smith
6 The temples were used as banks in:
  • A. Italy
  • B. Rome
  • C. China
  • D. Greece
7 Manage the internal affairs of Bank.
  • A. Prospectus
  • B. Memorandum
  • C. Articles
  • D. All of these
8 Second stage of formation of bank is called.
  • A. Incorporation
  • B. Commencement
  • C. Issue of shares
  • D. Promotion
9 Commercial bank is factory of creating credit.
  • A. Crowther
  • B. Gilbert
  • C. Reynold
  • D. H.I .Heart
10 When was the "Bank of Venice" established:
  • A. 1127
  • B. 1147
  • C. 1157
  • D. 1187

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Kaamir Instruments

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Mianwali26 - Feb - 2025

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Noor Us Sahar

Mianwali26 - Feb - 2025

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Noor Us Sahar

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