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)

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Sr.#	Question	Answer
1	Which document does reveal the internal affairs of a bank	A. Memorandum of bank B. Articles of bank C. Certificate of incorporation D. Prospectus
2	The temples were used as banks in:	A. Italy B. Rome C. China D. Greece
3	The main purpose of commercial bank is.	A. Walfare B. Issue notes C. Earn Profits D. All these
4	When was the "Bank of Venice" established:	A. 1127 B. 1147 C. 1157 D. 1187
5	Which one is the primary function of a bank	A. Accepting deposits B. Advancing loans C. Both these D. None of these
6	Whose role is consitered important in the beginning of cheque:	A. Three B. Merchants C. Goldsmiths D. Money lenders
7	Money Lenders usually known as.	A. Sheikh B. Nawab C. Seth D. Debtors
8	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
9	The change in the address of abnk should be intimated to registar within:	A. Eight days B. Ten days C. Eighteen days D. Twenty eight days
10	Who are called the ancestors of modern banks.	A. Merchant B. Money Lenders C. Gold Smiths D. All of these