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

For selling shares Bank issues

Question # 2

Which method is used for the formation of bank

Question # 3

What kinds of business does a commercial bank do

Question # 4

Which document is attached to the application for the registration of bank

Question # 5

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

Question # 6

The main purpose of commercial bank is.

Question # 7

Manage the internal affairs of Bank.

Question # 8

American express Bank is an example of.

Question # 9

Who was the founder of commercial bank

Question # 10

Memorandum includes

Question # 11

Commercial Bank is a factory of creating credit.

Question # 12

Bank of England was established in.

Question # 13

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

Question # 14

Bank of England was formed in:

Question # 15

Beginning of Bank draft by

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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 Which one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
2 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
3 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
4 For selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
5 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
6 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
7 Modern commercial Bank are teh developed form of the Busniess of.
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
8 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
9 The main purpose of commercial bank is.
A. Walfare
B. Issue notes
C. Earn Profits
D. All these
10 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

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