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

Who are called the ancestors of modern banks.

Question # 2

Manage the internal affairs of Bank.

Question # 3

Money creative bank is

Question # 4

When was the "Reserve Bank of India" established:

Question # 5

When was the "Bank of Venice" established:

Question # 6

Which one is the primary function of a bank

Question # 7

Beginning of cheque by.

Question # 8

According to registration , bank is divided into followings categories:

Question # 9

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

Question # 10

For selling shares Bank issues

Question # 11

Bank of England was established in.

Question # 12

Muslims commercial Bank was established on.

Question # 13

The word Bank has been derived from the German word

Question # 14

For Transactions the merchants used to issue.

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 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
2 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
3 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.
4 The first central bank of indo-Pak
A. Bank of Calcutta
B. Imperial bank
C. Reserve bank of India
D. None of the above
5 Example of consortium Bank.
A. SBP
B. Orion Bank
C. MCB
D. NBP
6 Due to good Banking system which sector showed Rapid growth.
A. Agriculture sector
B. Industiral sector
C. Banking Sector
D. All of these
7 What kinds of business does a commercial bank do
A. Accepts deposits and advances loans
B. Issues currency notes
C. Re-discounts the bills of exchange
D. All the above
8 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
9 Bank of England was formed in:
A. 1594
B. 1694
C. 1794
D. 1894
10 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949

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