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	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
2	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
3	Essentials of successfl banking.	A. Large capital B. Secured loans C. Inflation D. Both of these
4	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
5	Who used to tak gold and precfious metal as safe custody.	A. Merchants B. Kings C. Money Lenders D. Gold Smiths
6	Begining of Bank draft by.	A. Kings B. Money Lenders C. Merchants D. Gold smith
7	When was the "Bank of Venice" established:	A. 1127 B. 1147 C. 1157 D. 1187
8	The main purpose of commercial bank is.	A. Walfare B. Issue notes C. Earn Profits D. All these
9	Second stage of formation of bank is called.	A. Incorporation B. Commencement C. Issue of shares D. Promotion
10	Who started the use of bank draft:	A. Kings B. Merchants C. Money lenders D. Goldsmiths