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

Which document indicates the authority and limitation of bank

Question # 2

The main purpose of commercial bank is.

Question # 3

Money creative bank is

Question # 4

Modern commercial Bank are teh developed form of the Busniess of.

Question # 5

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

Question # 6

When was the "Bank of England" got the monopoly ovwe note issue:

Question # 7

In these days Banks are formed under companies ordinance.

Question # 8

Beginning of cheque by.

Question # 9

Who was the founder of commercial bank

Question # 10

bank is the developed form of

Question # 11

The word Bank has been derived from the German word

Question # 12

List of Directors is required at the stage of.

Question # 13

Commercial Bank is a factory of creating credit.

Question # 14

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

Question # 15

When was the "Bank of Venice" established:

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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 Which document does reveal the internal affairs of a bank
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus
2 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above
3 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
4 Which method is used for the formation of bank
A. Royal order
B. Special ordinance
C. Company's ordinance
D. All of the above
5 Money creative bank is
A. Central bank
B. Commercial bank
C. Consumer bank
D. Both a and b
6 Example of consortium Bank.
A. SBP
B. Orion Bank
C. MCB
D. NBP
7 The charger of commercial Bank is.
A. Momorandum
B. Articles
C. Prospectus
D. None of these
8 Due to good Banking system which sector showed Rapid growth.
A. Agriculture sector
B. Industiral sector
C. Banking Sector
D. All of these
9 Temples were used as early banks in.
A. Italy
B. Room
C. Greece
D. Iraq
10 Commercial Bank is a factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I.Heart

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