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

Start Chapter 1 Test

MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"

Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test

00:00
Question # 1

Money creative bank is

Question # 2

Commercial bank is factory of creating credit.

Question # 3

Imperial Bank was established in:

Question # 4

Bank of England was established in.

Question # 5

Which method is used for the formation of bank

Question # 6

Second stage of formation of bank is called.

Question # 7

Essentials of successfl banking.

Question # 8

Muslims commercial Bank was established on.

Question # 9

Which bank was formed under the royal order

Question # 10

Which document indicates the authority and limitation of bank

Question # 11

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

Question # 12

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

Question # 13

Memorandum includes

Question # 14

When was the "Reserve Bank of India" established:

Question # 15

The banks under special ordinance are formed:

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQs Online With Answers


Topic Test

00:00

ICOM Part 2 English Medium Principles of Banking Chapter 1 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test" MCQ`s Test

  • Z
    Zeeshan Haider 02 - Jul - 2024 00 Min 39 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 01 Min 41 Sec 15/15
  • O
    Omisha Roy 03 - May - 2024 02 Min 17 Sec 15/15
  • F
    Fatima Raja 16 - Dec - 2024 01 Min 53 Sec 14/15
  • W
    w king 26 - Nov - 2024 02 Min 16 Sec 13/15
  • W
    Waiz Sharif 11 - Jan - 2025 02 Min 08 Sec 12/15
  • T
    Tuba Shahid T 13 - Jul - 2024 02 Min 19 Sec 12/15
  • D
    Domanto Sports 04 - May - 2024 02 Min 32 Sec 11/15
  • R
    Raja Musa Sohail 15 - Apr - 2024 02 Min 33 Sec 11/15
  • M
    Muhammad Waqas Butt 16 - Mar - 2026 02 Min 41 Sec 11/15
  • A
    Aliza Fiaz 29 - Apr - 2026 02 Min 08 Sec 10/15
  • K
    Kainat Mudasar 26 - Apr - 2024 05 Min 34 Sec 10/15
  • S
    sameer abbas 07 - May - 2026 11 Min 18 Sec 10/15
  • E
    Eman Khalid 12 - Mar - 2026 01 Min 52 Sec 9/15
  • A
    Afia Mashood 14 - Apr - 2024 02 Min 20 Sec 9/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 The main purpose of commercial bank is.
A. Walfare
B. Issue notes
C. Earn Profits
D. All these
2 Bank of England was formed in:
A. 1594
B. 1694
C. 1794
D. 1894
3 "EFT" stands for
A. Electronic Funds transfer
B. Economic financial theory
C. Electronic financial techniques
D. Effecitve fund telegram
4 When was the "Bank of Venice" established:
A. 1127
B. 1147
C. 1157
D. 1187
5 The word Bank has been derived from the German word
A. Back
B. Bancus
C. Banco
D. None of the above
6 Money Lenders usually known as.
A. Sheikh
B. Nawab
C. Seth
D. Debtors
7 When was the "Bank of England" got the monopoly ovwe note issue:
A. 1728
B. 1758
C. 1768
D. 1778
8 Whose role is consitered important in the beginning of cheque:
A. Three
B. Merchants
C. Goldsmiths
D. Money lenders
9 Imperial Bank was established in:
A. 1921
B. 1925
C. 1932
D. 1937
10 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

Test Questions

Share your comments & questions here

Guest
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply
  • Mannal Fatima

    Mannal Fatima

    24 Jan 2026

    Lahore

    Like
    Reply