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

Muslims commercial Bank was established on.

Question # 2

In these days Banks are formed under companies ordinance.

Question # 3

According to registration , bank is divided into followings categories:

Question # 4

Second stage of formation of bank is called.

Question # 5

What kinds of business does a commercial bank do

Question # 6

Which method is used for the formation of bank

Question # 7

Which bank was formed under the royal order

Question # 8

Temples were used as early banks in.

Question # 9

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

Question # 10

Imperial Bank was established in:

Question # 11

Bank of England was established in.

Question # 12

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

Question # 13

Bank of England was formed in:

Question # 14

The charger of commercial Bank is.

Question # 15

The detail in the memorandum of bank is recorded :

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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 Who was the founder of commercial bank
A. Goldsmiths
B. Merchants
C. Money lenders
D. All the above
2 The detail in the memorandum of bank is recorded :
A. In one paragraph
B. In seperate paragraphs
C. On one page
D. All of the above
3 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
4 The primary objective of a central bank is to
A. Earn profit
B. Advance loans to traders
C. Safeguard the national interest
D. All of the above
5 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
6 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
7 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
8 Temples were used as early banks in.
A. Italy
B. Room
C. Greece
D. Iraq
9 Which of the following banks accepts deposits and advances loans
A. Cooperative bank
B. Mortgage bank
C. Commercial bank
D. Central bank
10 Who started the use of bank draft:
A. Kings
B. Merchants
C. Money lenders
D. Goldsmiths

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