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 method is used for the formation of bank

Question # 2

What kinds of business does a commercial bank do

Question # 3

Manage the internal affairs of Bank.

Question # 4

Essentials of successfl banking.

Question # 5

Which one is the Secondary function commercial bank.

Question # 6

List of Directors is required at the stage of.

Question # 7

The document by which the people are invited to buy the shares of bank is called

Question # 8

Which document is attached to the application for the registration of bank

Question # 9

The detail in the memorandum of bank is recorded :

Question # 10

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

Question # 11

Beginning of cheque by.

Question # 12

Which of the following banks accepts deposits and advances loans

Question # 13

The charger of commercial Bank is.

Question # 14

What type of institution a bank is:

Question # 15

Memorandum includes

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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 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
2 Who started the use of bank draft:
A. Kings
B. Merchants
C. Money lenders
D. Goldsmiths
3 Second stage of formation of bank is called.
A. Incorporation
B. Commencement
C. Issue of shares
D. Promotion
4 Beginning of cheque by.
A. Gold smiths
B. Merchants
C. Kings
D. Money lenders.
5 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
6 Memorandum includes
A. 05 Clasuses
B. 06 Clauses
C. 10 Clauses
D. 12 Clauses
7 Who used to tak gold and precfious metal as safe custody.
A. Merchants
B. Kings
C. Money Lenders
D. Gold Smiths
8 What type of institution a bank is:
A. Financial
B. Social
C. Religious
D. All of the above
9 Which one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
10 Which document does reveal the internal affairs of a bank
A. Memorandum of bank
B. Articles of bank
C. Certificate of incorporation
D. Prospectus

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    Mannal Fatima

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    Mannal Fatima

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    Mannal Fatima

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