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 was formed in:

Question # 2

Memorandum includes

Question # 3

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

Question # 4

According to registration , bank is divided into followings categories:

Question # 5

Who are called the ancestors of modern banks.

Question # 6

The detail in the memorandum of bank is recorded :

Question # 7

What kinds of business does a commercial bank do

Question # 8

Muslims commercial Bank was established on.

Question # 9

Most of the experts agreed that the word "Bank" has been derived from the word.

Question # 10

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

Question # 11

bank is the developed form of

Question # 12

Who used to tak gold and precfious metal as safe custody.

Question # 13

List of Directors is required at the stage of.

Question # 14

Essentials of successfl banking.

Question # 15

"EFT" stands for

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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 Essentials of successfl banking.
A. Large capital
B. Secured loans
C. Inflation
D. Both of these
2 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
3 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above
4 Modern commercial Bank are teh developed form of the Busniess of.
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
5 When was the "Bank of England" got the monopoly ovwe note issue:
A. 1728
B. 1758
C. 1768
D. 1778
6 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
7 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
8 Which document indicates the authority and limitation of bank
A. Memorandum
B. Articles
C. Certificate of incorporation
D. Prospectus
9 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.
10 When was the "Reserve Bank of India" established:
A. 1925
B. 1935
C. 1940
D. 1945

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    Mannal Fatima

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