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

When was the "Reserve Bank of India" established:

Question # 2

Which document indicates the authority and limitation of bank

Question # 3

bank is the developed form of

Question # 4

The charger of commercial Bank is.

Question # 5

Essentials of successfl banking.

Question # 6

When was the "Bank of Venice" established:

Question # 7

What kinds of business does a commercial bank do

Question # 8

Who started the use of bank draft:

Question # 9

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

Question # 10

The banks under special ordinance are formed:

Question # 11

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

Question # 12

Second stage of formation of bank is called.

Question # 13

Which document does reveal the internal affairs of a bank

Question # 14

Which one is the Secondary function commercial bank.

Question # 15

American express Bank is an example of.

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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 one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
2 When was the "Bank of England" got the monopoly ovwe note issue:
A. 1728
B. 1758
C. 1768
D. 1778
3 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
4 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
5 "EFT" stands for
A. Electronic Funds transfer
B. Economic financial theory
C. Electronic financial techniques
D. Effecitve fund telegram
6 List of Directors is required at the stage of.
A. Registration
B. Incorporation
C. Promotion
D. Commencement
7 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
8 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
9 Commercial Bank is a factory of creating credit.
A. Crowther
B. Gilbert
C. Reynold
D. H.I.Heart
10 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

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