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

The change in the address of abnk should be intimated to registar within:

Question # 2

Bank of England was formed in:

Question # 3

Temples were used as early banks in.

Question # 4

The main purpose of commercial bank is.

Question # 5

Beginning of Bank draft by

Question # 6

If a bank is unable to submit prospectus at the time of registration, then it has to submit:

Question # 7

When was the "Reserve Bank of India" established:

Question # 8

The charger of commercial Bank is.

Question # 9

Which document indicates the authority and limitation of bank

Question # 10

"EFT" stands for

Question # 11

Important source of income for Bank.

Question # 12

Evolutionary history of early banks includes.

Question # 13

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

Question # 14

When was the "Bank of Venice" established:

Question # 15

List of Directors is required at the stage of.

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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 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors
2 The first central bank of indo-Pak
A. Bank of Calcutta
B. Imperial bank
C. Reserve bank of India
D. None of the above
3 American express Bank is an example of.
A. School Bank
B. Exchange Bank
C. Consortium Bank
D. None of these
4 Which one is the primary function of a bank
A. Accepting deposits
B. Advancing loans
C. Both these
D. None of these
5 Which one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
6 When was the "Bank of England" got the monopoly ovwe note issue:
A. 1728
B. 1758
C. 1768
D. 1778
7 Whose role is consitered important in the beginning of cheque:
A. Three
B. Merchants
C. Goldsmiths
D. Money lenders
8 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
9 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
10 Which document indicates the authority and limitation of bank
A. Memorandum
B. Articles
C. Certificate of incorporation
D. Prospectus

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