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

According to registration , bank is divided into followings categories:

Question # 2

What type of institution a bank is:

Question # 3

Example of consortium Bank.

Question # 4

bank is the developed form of

Question # 5

American express Bank is an example of.

Question # 6

Important source of income for Bank.

Question # 7

Evolutionary history of early banks includes.

Question # 8

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

Question # 9

The word Bank has been derived from the German word

Question # 10

Which document does reveal the internal affairs of a bank

Question # 11

Muslims commercial Bank was established on.

Question # 12

The primary objective of a central bank is to

Question # 13

Money Lenders usually known as.

Question # 14

Memorandum includes

Question # 15

The first central bank of indo-Pak

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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 bank is the developed form of
A. The business of moneylenders
B. The business of merchants
C. The business of goldsmiths
D. None of the above
2 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
3 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
4 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
5 Begining of Bank draft by.
A. Kings
B. Money Lenders
C. Merchants
D. Gold smith
6 For Transactions the merchants used to issue.
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange
7 Evolutionary history of early banks includes.
A. Merechnats
B. Money Lenders
C. Gold smiths
D. All these
8 Commercial bank is factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I .Heart
9 Bank of England was established in.
A. 1494
B. 1694
C. 1920
D. 1668
10 For selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens

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