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ICOM Part 2 English Medium Principles of Banking Chapter 1 MCQ's Test
Start Chapter 1 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test
00:00
Question # 1
Which document does reveal the internal affairs of a bank
Question # 2
Which of the following banks accepts deposits and advances loans
Question # 3
Who was the founder of commercial bank
Question # 4
Second stage of formation of bank is called.
Question # 5
Which document is attached to the application for the registration of bank
Question # 6
Evolutionary history of early banks includes.
Question # 7
For Transactions the merchants used to issue.
Question # 8
The document by which the people are invited to buy the shares of bank is called
Question # 9
What type of institution a bank is:
Question # 10
The word Bank has been derived from the German word
Question # 11
Bank of England was formed in:
Question # 12
Who used to tak gold and precfious metal as safe custody.
Question # 13
Which document indicates the authority and limitation of bank
Question # 14
Commercial Bank is a factory of creating credit.
Question # 15
Memorandum includes
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 main purpose of commercial bank is. |
A. Walfare
B. Issue notes
C. Earn Profits
D. All these
|
| 2 | 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
|
| 3 | "EFT" stands for |
A. Electronic Funds transfer
B. Economic financial theory
C. Electronic financial techniques
D. Effecitve fund telegram
|
| 4 | For selling shares Bank issues |
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
|
| 5 | Modern commercial Bank are teh developed form of the Busniess of. |
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
|
| 6 | Important source of income for Bank. |
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
|
| 7 | Whose role is consitered important in the beginning of cheque: |
A. Three
B. Merchants
C. Goldsmiths
D. Money lenders
|
| 8 | Which document indicates the authority and limitation of bank |
A. Memorandum
B. Articles
C. Certificate of incorporation
D. Prospectus
|
| 9 | The primary objective of a central bank is to |
A. Earn profit
B. Advance loans to traders
C. Safeguard the national interest
D. All of the above
|
| 10 | What kinds of business does a commercial bank do |
A. Accepts deposits and advances loans
B. Issues currency notes
C. Re-discounts the bills of exchange
D. All the above
|
Test Questions