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

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

Question # 2

For Transactions the merchants used to issue.

Question # 3

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

Question # 4

The detail in the memorandum of bank is recorded :

Question # 5

The temples were used as banks in:

Question # 6

The word Bank has been derived from the German word

Question # 7

Money creative bank is

Question # 8

When was the "Bank of Venice" established:

Question # 9

For selling shares Bank issues

Question # 10

Example of consortium Bank.

Question # 11

Bank of England was formed in:

Question # 12

The charger of commercial Bank is.

Question # 13

Which document does reveal the internal affairs of a bank

Question # 14

The primary objective of a central bank is to

Question # 15

Temples were used as early banks in.

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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 Modern commercial Bank are teh developed form of the Busniess of.
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
3 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
4 Bank of England was formed in:
A. 1594
B. 1694
C. 1794
D. 1894
5 bank is the developed form of
A. The business of moneylenders
B. The business of merchants
C. The business of goldsmiths
D. None of the above
6 The document by which the people are invited to buy the shares of bank is called
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus of bank
7 Who started the use of bank draft:
A. Kings
B. Merchants
C. Money lenders
D. Goldsmiths
8 For Transactions the merchants used to issue.
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange
9 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
10 Due to good Banking system which sector showed Rapid growth.
A. Agriculture sector
B. Industiral sector
C. Banking Sector
D. All of these

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