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

American express Bank is an example of.

Question # 2

Evolutionary history of early banks includes.

Question # 3

Who started the use of bank draft:

Question # 4

Which bank was formed under the royal order

Question # 5

Commercial Bank is a factory of creating credit.

Question # 6

Example of consortium Bank.

Question # 7

The charger of commercial Bank is.

Question # 8

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

Question # 9

The main purpose of commercial bank is.

Question # 10

The first central bank of indo-Pak

Question # 11

Important source of income for Bank.

Question # 12

Money creative bank is

Question # 13

Which of the following banks accepts deposits and advances loans

Question # 14

Bank of England was formed in:

Question # 15

Which document indicates the authority and limitation of bank

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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 Which of the following banks accepts deposits and advances loans
A. Cooperative bank
B. Mortgage bank
C. Commercial bank
D. Central bank
2 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
3 Bank of England was established in.
A. 1494
B. 1694
C. 1920
D. 1668
4 Most of the experts agreed that the word "Bank" has been derived from the word.
A. Banque
B. Banco
C. Bancus
D. Back
5 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
6 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
7 According to registration , bank is divided into followings categories:
A. Home and foreign bank
B. Central and commercial bank
C. Scheduled and non-scheduled bank
D. All of the above
8 When was the "Bank of England" got the monopoly ovwe note issue:
A. 1728
B. 1758
C. 1768
D. 1778
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 Second stage of formation of bank is called.
A. Incorporation
B. Commencement
C. Issue of shares
D. Promotion

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    Mannal Fatima

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    Mannal Fatima

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