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

In these days Banks are formed under companies ordinance.

Question # 2

Imperial Bank was established in:

Question # 3

According to registration , bank is divided into followings categories:

Question # 4

When was the "Bank of Venice" established:

Question # 5

The charger of commercial Bank is.

Question # 6

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

Question # 7

When was the "Bank of England" got the monopoly ovwe note issue:

Question # 8

Money creative bank is

Question # 9

What type of institution a bank is:

Question # 10

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

Question # 11

Bank of England was formed in:

Question # 12

Which of the following banks accepts deposits and advances loans

Question # 13

bank is the developed form of

Question # 14

The main purpose of commercial bank is.

Question # 15

What kinds of business does a commercial bank do

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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 The first central bank of indo-Pak
A. Bank of Calcutta
B. Imperial bank
C. Reserve bank of India
D. None of the above
2 According to Sir John Paget, a bank is an institution which :
A. Accepts the deposits of general public
B. Honours the cheques
C. Advances loan
D. All of the above
3 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
4 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
5 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
6 Modern commercial Bank are teh developed form of the Busniess of.
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
7 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
8 The change in the address of abnk should be intimated to registar within:
A. Eight days
B. Ten days
C. Eighteen days
D. Twenty eight days
9 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
10 American express Bank is an example of.
A. School Bank
B. Exchange Bank
C. Consortium Bank
D. None of these

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    Mannal Fatima

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    Mannal Fatima

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    Mannal Fatima

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    Lahore

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