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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  • Total Questions15

  • Time Allowed20

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

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Question # 1

Who started the use of bank draft:

Question # 2

Bank of England was formed in:

Question # 3

Money creative bank is

Question # 4

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

Question # 5

Which of the following banks accepts deposits and advances loans

Question # 6

Beginning of cheque by.

Question # 7

Which bank was formed under the royal order

Question # 8

Most of the experts agreed that the word "Bank" has been derived from the word.

Question # 9

When was the "Bank of Venice" established:

Question # 10

The detail in the memorandum of bank is recorded :

Question # 11

The word Bank has been derived from the German word

Question # 12

What kinds of business does a commercial bank do

Question # 13

Which method is used for the formation of bank

Question # 14

Memorandum includes

Question # 15

The temples were used as banks in:

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ICOM Part 2 English Medium Principles of Banking Chapter 1 MCQ's Test

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Sr.# Question Answer
1 How many minimum promoters are required to sign on an application for the registration of commercial bank
A. Two
B. Five
C. Seven
D. Ten
2 Muslims commercial Bank was established on.
A. 1947
B. 1948
C. 1951
D. 1949
3 Example of consortium Bank.
A. SBP
B. Orion Bank
C. MCB
D. NBP
4 The main purpose of commercial bank is.
A. Walfare
B. Issue notes
C. Earn Profits
D. All these
5 Who was the founder of commercial bank
A. Goldsmiths
B. Merchants
C. Money lenders
D. All the above
6 When was the "Reserve Bank of India" established:
A. 1925
B. 1935
C. 1940
D. 1945
7 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
8 The banks under special ordinance are formed:
A. By the president of any bank
B. By the president of world bank
C. By the president of a country
D. All of the above
9 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors
10 Beginning of Bank draft by
A. Kings
B. Money lenders
C. Merchants
D. gold smith

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