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

Beginning of cheque by.

Question # 3

Which document indicates the authority and limitation of bank

Question # 4

What type of institution a bank is:

Question # 5

List of Directors is required at the stage of.

Question # 6

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

Question # 7

For selling shares Bank issues

Question # 8

Example of consortium Bank.

Question # 9

"EFT" stands for

Question # 10

The main purpose of commercial bank is.

Question # 11

The charger of commercial Bank is.

Question # 12

Bank of England was formed in:

Question # 13

Essentials of successfl banking.

Question # 14

Beginning of Bank draft by

Question # 15

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

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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 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
2 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
3 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
4 When was the "Bank of England" got the monopoly ovwe note issue:
A. 1728
B. 1758
C. 1768
D. 1778
5 Which document does reveal the internal affairs of a bank
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus
6 American express Bank is an example of.
A. School Bank
B. Exchange Bank
C. Consortium Bank
D. None of these
7 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
8 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
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 Who are called the ancestors of modern banks.
A. Merchant
B. Money Lenders
C. Gold Smiths
D. All of these

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