1st Chapter

12th Principles of Banking Chapter 1 Test

Here you can prepare 12th Class Principles of Banking Chapter 1 Beginning and Evolution of Bank Test. Click the button for 100% free full practice test.

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)

This online test contains MCQs about following topics:

. Introduction . Derivation of word bank . Histroy of the bank . Evolution of the bank . Definition of the bank . Kinds of the bank . Formation of the bank . Characteristics of the stable banking system

ICOM Part 2 Banking Ch 1 Test
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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)

Sr. # Questions Answers Choice
1 The main purpose of commercial bank is.
  • A. Walfare
  • B. Issue notes
  • C. Earn Profits
  • D. All these
2 Temples were used as early banks in.
  • A. Italy
  • B. Room
  • C. Greece
  • D. Iraq
3 Which document does reveal the internal affairs of a bank
  • A. Memorandum of bank
  • B. Articles of bank
  • C. Certificate of incorporation
  • D. Prospectus
4 The temples were used as banks in:
  • A. Italy
  • B. Rome
  • C. China
  • D. Greece
5 Due to good Banking system which sector showed Rapid growth.
  • A. Agriculture sector
  • B. Industiral sector
  • C. Banking Sector
  • D. All of these
6 For Transactions the merchants used to issue.
  • A. Passport
  • B. Promissory note
  • C. Ideintty card
  • D. Bil lof exchange
7 Commercial Bank is a factory of creating credit.
  • A. Crowther
  • B. Gilbert
  • C. Reynold
  • D. H.I.Heart
8 Most of the experts agreed that the word "Bank" has been derived from the word.
  • A. Banque
  • B. Banco
  • C. Bancus
  • D. Back
9 The first central bank of indo-Pak
  • A. Bank of Calcutta
  • B. Imperial bank
  • C. Reserve bank of India
  • D. None of the above
10 Which one is the Secondary function commercial bank.
  • A. Accept deposits
  • B. Advance loans
  • C. Collections of cheques
  • D. All these

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test

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W King

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02 Mins 54 Sec
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Jaweria Munir

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9/15
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W King

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Sam Gram

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Hadiqa Shah

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01 Mins 29 Sec
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Sam Gram

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04 Mins 53 Sec

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