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

Begining of Bank draft by.

Question # 2

How many minimum promoters are required to sign on an application for the registration of commercial bank

Question # 3

Which one is the Secondary function commercial bank.

Question # 4

When was the "Reserve Bank of India" established:

Question # 5

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

Question # 6

The change in the address of abnk should be intimated to registar within:

Question # 7

Money creative bank is

Question # 8

According to registration , bank is divided into followings categories:

Question # 9

Which method is used for the formation of bank

Question # 10

List of Directors is required at the stage of.

Question # 11

Who was the founder of commercial bank

Question # 12

Which document indicates the authority and limitation of bank

Question # 13

Essentials of successfl banking.

Question # 14

Which bank was formed under the royal order

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 Who was the founder of commercial bank
A. Goldsmiths
B. Merchants
C. Money lenders
D. All the above
2 Whose role is consitered important in the beginning of cheque:
A. Three
B. Merchants
C. Goldsmiths
D. Money lenders
3 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
4 Which document is attached to the application for the registration of bank
A. Memorandum of bank
B. Articles of bank
C. Prospectus
D. All the above
5 In these days Banks are formed under companies ordinance.
A. 1962
B. 1932
C. 1984
D. 1013
6 For selling shares Bank issues
A. Tickets
B. Prospectus
C. Certificate
D. Tokens
7 Which one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
8 American express Bank is an example of.
A. School Bank
B. Exchange Bank
C. Consortium Bank
D. None of these
9 For Transactions the merchants used to issue.
A. Passport
B. Promissory note
C. Ideintty card
D. Bil lof exchange
10 The word Bank has been derived from the German word
A. Back
B. Bancus
C. Banco
D. None of the above

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