Question # 1

Beginning of Bank draft by

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Kings

Money lenders

Merchants

gold smith

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

Temples were used as early banks in.

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Italy

Room

Greece

Iraq

Memorandum includes

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05 Clasuses

06 Clauses

10 Clauses

12 Clauses

Commercial Bank is a factory of creating credit.

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Crowther

Gilbert

Reynold

H.I.Heart

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

Which one is the primary function of a bank

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Accepting deposits

Advancing loans

Both these

None of these

The temples were used as banks in:

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Italy

Rome

China

Greece

The first central bank of indo-Pak

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Bank of Calcutta

Imperial bank

Reserve bank of India

None of the above

List of Directors is required at the stage of.

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Registration

Incorporation

Promotion

Commencement

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

bank is the developed form of

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The business of moneylenders

The business of merchants

The business of goldsmiths

None of the above

Who started the use of bank draft:

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Kings

Merchants

Money lenders

Goldsmiths

According to registration , bank is divided into followings categories:

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Home and foreign bank

Central and commercial bank

Scheduled and non-scheduled bank

All of the above

Manage the internal affairs of Bank.

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Prospectus

Memorandum

Articles

All of these

Essentials of successfl banking.

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Large capital

Secured loans

Inflation

Both of these

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

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