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

Begining of Bank draft by.

Question # 2

Muslims commercial Bank was established on.

Question # 3

The document by which the people are invited to buy the shares of bank is called

Question # 4

Which one is the Secondary function commercial bank.

Question # 5

Whose role is consitered important in the beginning of cheque:

Question # 6

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

Question # 7

Commercial Bank is a factory of creating credit.

Question # 8

Who are called the ancestors of modern banks.

Question # 9

Which one is the primary function of a bank

Question # 10

Which bank was formed under the royal order

Question # 11

Who was the founder of commercial bank

Question # 12

List of Directors is required at the stage of.

Question # 13

Beginning of Bank draft by

Question # 14

Important source of income for 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 Example of consortium Bank.
A. SBP
B. Orion Bank
C. MCB
D. NBP
2 Second stage of formation of bank is called.
A. Incorporation
B. Commencement
C. Issue of shares
D. Promotion
3 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
4 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
5 Who are called the ancestors of modern banks.
A. Merchant
B. Money Lenders
C. Gold Smiths
D. All of these
6 For selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
7 When was the "Bank of England" got the monopoly ovwe note issue:
A. 1728
B. 1758
C. 1768
D. 1778
8 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
9 The temples were used as banks in:
A. Italy
B. Rome
C. China
D. Greece
10 For Transactions the merchants used to issue.
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange

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