Question # 1

Commercial Bank is a factory of creating credit.

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Crowther

Gilbert

Reynold

H.I.Heart

Who are called the ancestors of modern banks.

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Merchant

Money Lenders

Gold Smiths

All of these

Money Lenders usually known as.

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Sheikh

Nawab

Seth

Debtors

When was the "Bank of Venice" established:

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1127

1147

1157

1187

Which bank was formed under the royal order

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Bank of Venice

State Bank of Pakistan

Bank of Barsolona

Chartered bank of England

Commercial bank is factory of creating credit.

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Crowther

Gilbert

Reynold

H.I .Heart

Essentials of successfl banking.

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Large capital

Secured loans

Inflation

Both of these

The temples were used as banks in:

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Italy

Rome

China

Greece

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

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Eight days

Ten days

Eighteen days

Twenty eight days

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

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Accepts the deposits of general public

Honours the cheques

Advances loan

All of the above

In these days Banks are formed under companies ordinance.

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1962

1932

1984

1013

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

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Memorandum of bank

Articles of bank

Prospectus

All the above

Which document indicates the authority and limitation of bank

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Memorandum

Articles

Certificate of incorporation

Prospectus

The main purpose of commercial bank is.

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Walfare

Issue notes

Earn Profits

All these

Memorandum includes

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05 Clasuses

06 Clauses

10 Clauses

12 Clauses

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

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