Question # 1

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

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

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus of bank

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

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Two

Five

Seven

Ten

Imperial Bank was established in:

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1921

1925

1932

1937

What kinds of business does a commercial bank do

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Accepts deposits and advances loans

Issues currency notes

Re-discounts the bills of exchange

All the above

Bank of England and Royal Bank of Scotaland are an examples of.

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Statutory Bank

Development bank

Royal Bank

Non eof these

The primary objective of a central bank is to

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Earn profit

Advance loans to traders

Safeguard the national interest

All of the above

Which method is used for the formation of bank

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Royal order

Special ordinance

Company's ordinance

All of the above

For selling shares Bank issues

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Tickets

Prospectus

Certificate

Tokens

Temples were used as early banks in.

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Italy

Room

Greece

Iraq

Beginning of cheque by.

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Gold smiths

Merchants

Kings

Money lenders.

The temples were used as banks in:

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Italy

Rome

China

Greece

Which document indicates the authority and limitation of bank

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Memorandum

Articles

Certificate of incorporation

Prospectus

The first central bank of indo-Pak

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Bank of Calcutta

Imperial bank

Reserve bank of India

None of the above

Which one is the Secondary function commercial bank.

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Accept deposits

Advance loans

Collections of cheques

All these

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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