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

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

Question # 2

Essentials of successfl banking.

Question # 3

Which one is the Secondary function commercial bank.

Question # 4

The banks under special ordinance are formed:

Question # 5

Beginning of Bank draft by

Question # 6

The first central bank of indo-Pak

Question # 7

What type of institution a bank is:

Question # 8

When was the "Bank of Venice" established:

Question # 9

How many minimum promoters are required to sign on an application for the registration of commercial bank

Question # 10

Which one is the primary function of a bank

Question # 11

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

Question # 12

Which document indicates the authority and limitation of bank

Question # 13

Bank of England was established in.

Question # 14

Money Lenders usually known as.

Question # 15

The word Bank has been derived from the German word

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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 Manage the internal affairs of Bank.
A. Prospectus
B. Memorandum
C. Articles
D. All of these
2 When was the "Reserve Bank of India" established:
A. 1925
B. 1935
C. 1940
D. 1945
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 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
5 Second stage of formation of bank is called.
A. Incorporation
B. Commencement
C. Issue of shares
D. Promotion
6 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
7 Evolutionary history of early banks includes.
A. Merechnats
B. Money Lenders
C. Gold smiths
D. All these
8 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
9 Which document does reveal the internal affairs of a bank
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus
10 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above

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