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

Sr.#	Question	Answer
1	Important source of income for Bank.	A. Deposits B. Current Account C. Saving account D. Issued loans
2	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
3	For selling shares Bank issues	A. Tickets B. Prospectus C. Certificate D. Tokens
4	For Transactions the merchants used to issue.	A. Passport B. Promissory note C. Ideintty card D. Bil lof exchange
5	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
6	Manage the internal affairs of Bank.	A. Prospectus B. Memorandum C. Articles D. All of these
7	Which document indicates the authority and limitation of bank	A. Memorandum B. Articles C. Certificate of incorporation D. Prospectus
8	What kinds of business does a commercial bank do	A. Accepts deposits and advances loans B. Issues currency notes C. Re-discounts the bills of exchange D. All the above
9	Which method is used for the formation of bank	A. Royal order B. Special ordinance C. Company's ordinance D. All of the above
10	Which one is the primary function of a bank	A. Accepting deposits B. Advancing loans C. Both these D. None of these

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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

ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"

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

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

The banks under special ordinance are formed:

Essentials of successfl banking.

Bank of England was formed in:

The charger of commercial Bank is.

Which bank was formed under the royal order

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

Which method is used for the formation of bank

Which document does reveal the internal affairs of a bank

List of Directors is required at the stage of.

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

According to Sir John Paget, a bank is an institution which :

Which document indicates the authority and limitation of bank

Begining of Bank draft by.

bank is the developed form of

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

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQ`s Test

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

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Mannal Fatima

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^{The charger of commercial Bank is.}