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)

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

Sr.#	Question	Answer
1	Second stage of formation of bank is called.	A. Incorporation B. Commencement C. Issue of shares D. Promotion
2	Which method is used for the formation of bank	A. Royal order B. Special ordinance C. Company's ordinance D. All of the above
3	Manage the internal affairs of Bank.	A. Prospectus B. Memorandum C. Articles D. All of these
4	^{The charger of commercial Bank is.}	A. Momorandum B. Articles C. Prospectus D. None of these
5	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
6	Money Lenders usually known as.	A. Sheikh B. Nawab C. Seth D. Debtors
7	According to Sir John Paget, a bank is an institution which :	A. Accepts the deposits of general public B. Honours the cheques C. Advances loan D. All of the above
8	Most of the experts agreed that the word "Bank" has been derived from the word.	A. Banque B. Banco C. Bancus D. Back
9	When was the "Bank of Venice" established:	A. 1127 B. 1147 C. 1157 D. 1187
10	Who are called the ancestors of modern banks.	A. Merchant B. Money Lenders C. Gold Smiths D. All of these