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

The charger of commercial Bank is.

Question # 2

Which method is used for the formation of bank

Question # 3

Begining of Bank draft by.

Question # 4

American express Bank is an example of.

Question # 5

The primary objective of a central bank is to

Question # 6

Second stage of formation of bank is called.

Question # 7

Which one is the Secondary function commercial bank.

Question # 8

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

Question # 9

Temples were used as early banks in.

Question # 10

Who are called the ancestors of modern banks.

Question # 11

The document by which the people are invited to buy the shares of bank is called

Question # 12

The temples were used as banks in:

Question # 13

Important source of income for Bank.

Question # 14

Whose role is consitered important in the beginning of cheque:

Question # 15

Commercial Bank is a factory of creating credit.

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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 banks under special ordinance are formed:
A. By the president of any bank
B. By the president of world bank
C. By the president of a country
D. All of the above
2 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
3 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.
4 The document by which the people are invited to buy the shares of bank is called
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus of bank
5 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
6 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
7 The main purpose of commercial bank is.
A. Walfare
B. Issue notes
C. Earn Profits
D. All these
8 The first central bank of indo-Pak
A. Bank of Calcutta
B. Imperial bank
C. Reserve bank of India
D. None of the above
9 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
10 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses

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    Mannal Fatima

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