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 first central bank of indo-Pak

Question # 2

Beginning of Bank draft by

Question # 3

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

Question # 4

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

Question # 5

The primary objective of a central bank is to

Question # 6

Example of consortium Bank.

Question # 7

Who are called the ancestors of modern banks.

Question # 8

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

Question # 9

In these days Banks are formed under companies ordinance.

Question # 10

Second stage of formation of bank is called.

Question # 11

Beginning of cheque by.

Question # 12

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

Question # 13

bank is the developed form of

Question # 14

When was the "Reserve Bank of India" established:

Question # 15

Which one is the Secondary function commercial bank.

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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 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
2 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
3 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
4 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
5 Who was the founder of commercial bank
A. Goldsmiths
B. Merchants
C. Money lenders
D. All the above
6 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
7 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above
8 For Transactions the merchants used to issue.
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange
9 The first central bank of indo-Pak
A. Bank of Calcutta
B. Imperial bank
C. Reserve bank of India
D. None of the above
10 If a bank is unable to submit prospectus at the time of registration, then it has to submit:
A. Statement in lieu of prospectus
B. Certificate of incorpoartion
C. Certificate of commencement
D. None of the above

Test Questions

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