12th class Principle of Banking chapter 1 online mcq test with answers for ICOM part 2 Principle of Banking Chapter 1 (Beginning and Evolution of Bank)

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	Most of the experts agreed that the word "Bank" has been derived from the word.	A. Banque B. Banco C. Bancus D. Back
2	Essentials of successfl banking.	A. Large capital B. Secured loans C. Inflation D. Both of these
3	Commercial Bank is a factory of creating credit.	A. Crowther B. Gilbert C. Reynold D. H.I.Heart
4	Which bank was formed under the royal order	A. Bank of Venice B. State Bank of Pakistan C. Bank of Barsolona D. Chartered bank of England
5	The main purpose of commercial bank is.	A. Walfare B. Issue notes C. Earn Profits D. All these
6	How many minimum promoters are required to sign on an application for the registration of commercial bank	A. Two B. Five C. Seven D. Ten
7	Memorandum includes	A. 05 Clasuses B. 06 Clauses C. 10 Clauses D. 12 Clauses
8	Who used to tak gold and precfious metal as safe custody.	A. Merchants B. Kings C. Money Lenders D. Gold Smiths
9	Temples were used as early banks in.	A. Italy B. Room C. Greece D. Iraq
10	American express Bank is an example of.	A. School Bank B. Exchange Bank C. Consortium Bank D. None of these