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

Temples were used as early banks in.

Question # 2

In these days Banks are formed under companies ordinance.

Question # 3

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

Question # 4

Commercial bank is factory of creating credit.

Question # 5

Whose role is consitered important in the beginning of cheque:

Question # 6

Important source of income for Bank.

Question # 7

Begining of Bank draft by.

Question # 8

Muslims commercial Bank was established on.

Question # 9

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

Question # 10

The word Bank has been derived from the German word

Question # 11

Which bank was formed under the royal order

Question # 12

Manage the internal affairs of Bank.

Question # 13

The primary objective of a central bank is to

Question # 14

Which method is used for the formation of bank

Question # 15

For selling shares Bank issues

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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 American express Bank is an example of.
A. School Bank
B. Exchange Bank
C. Consortium Bank
D. None of these
2 Who was the founder of commercial bank
A. Goldsmiths
B. Merchants
C. Money lenders
D. All the above
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 Which one is the Secondary function commercial bank.
A. Accept deposits
B. Advance loans
C. Collections of cheques
D. All these
5 Most of the experts agreed that the word "Bank" has been derived from the word.
A. Banque
B. Banco
C. Bancus
D. Back
6 Which document indicates the authority and limitation of bank
A. Memorandum
B. Articles
C. Certificate of incorporation
D. Prospectus
7 Important source of income for Bank.
A. Deposits
B. Current Account
C. Saving account
D. Issued loans
8 When was the "Reserve Bank of India" established:
A. 1925
B. 1935
C. 1940
D. 1945
9 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
10 Bank of England was formed in:
A. 1594
B. 1694
C. 1794
D. 1894

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    Mannal Fatima

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