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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
Which document indicates the authority and limitation of bank
Choose an answer
Memorandum
Articles
Certificate of incorporation
Prospectus
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Question # 2
What type of institution a bank is:
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Financial
Social
Religious
All of the above
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Question # 3
Manage the internal affairs of Bank.
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Prospectus
Memorandum
Articles
All of these
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Question # 4
The word Bank has been derived from the German word
Choose an answer
Back
Bancus
Banco
None of the above
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Question # 5
Due to good Banking system which sector showed Rapid growth.
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Agriculture sector
Industiral sector
Banking Sector
All of these
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Question # 6
Essentials of successfl banking.
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Large capital
Secured loans
Inflation
Both of these
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Question # 7
Important source of income for Bank.
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Deposits
Current Account
Saving account
Issued loans
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Question # 8
Who started the use of bank draft:
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Kings
Merchants
Money lenders
Goldsmiths
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Question # 9
The main purpose of commercial bank is.
Choose an answer
Walfare
Issue notes
Earn Profits
All these
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Question # 10
Which document is attached to the application for the registration of bank
Choose an answer
Memorandum of bank
Articles of bank
Prospectus
All the above
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Question # 11
For selling shares Bank issues
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Tickets
Prospectus
Certificate
Tokens
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Question # 12
Second stage of formation of bank is called.
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Incorporation
Commencement
Issue of shares
Promotion
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Question # 13
Commercial Bank is a factory of creating credit.
Choose an answer
Crowther
Gilbert
Reynold
H.I.Heart
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Question # 14
American express Bank is an example of.
Choose an answer
School Bank
Exchange Bank
Consortium Bank
None of these
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Question # 15
Memorandum includes
Choose an answer
05 Clasuses
06 Clauses
10 Clauses
12 Clauses
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Question # 16
Most of the experts agreed that the word "Bank" has been derived from the word.
Choose an answer
Banque
Banco
Bancus
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