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

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

When was the "Reserve Bank of India" established:

Question # 2

When was the "Bank of England" got the monopoly ovwe note issue:

Question # 3

The charger of commercial Bank is.

Question # 4

Begining of Bank draft by.

Question # 5

"EFT" stands for

Question # 6

When was the "Bank of Venice" established:

Question # 7

Who was the founder of commercial bank

Question # 8

How many minimum promoters are required to sign on an application for the registration of commercial bank

Question # 9

Which one is the Secondary function commercial bank.

Question # 10

The main purpose of commercial bank is.

Question # 11

Who used to tak gold and precfious metal as safe custody.

Question # 12

Bank of England was established in.

Question # 13

Which bank was formed under the royal order

Question # 14

Commercial bank is factory of creating credit.

Question # 15

What type of institution a bank is:

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 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
2 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
3 "EFT" stands for
A. Electronic Funds transfer
B. Economic financial theory
C. Electronic financial techniques
D. Effecitve fund telegram
4 Modern commercial Bank are teh developed form of the Busniess of.
A. Gold Smith
B. Merchants
C. Money Lenders
D. All these
5 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
6 The main purpose of commercial bank is.
A. Walfare
B. Issue notes
C. Earn Profits
D. All these
7 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
8 The temples were used as banks in:
A. Italy
B. Rome
C. China
D. Greece
9 Manage the internal affairs of Bank.
A. Prospectus
B. Memorandum
C. Articles
D. All of these
10 The first central bank of indo-Pak
A. Bank of Calcutta
B. Imperial bank
C. Reserve bank of India
D. None of the above

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    Mannal Fatima

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