Question # 1

The banks under special ordinance are formed:

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By the president of any bank

By the president of world bank

By the president of a country

All of the above

Most of the experts agreed that the word "Bank" has been derived from the word.

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Banque

Banco

Bancus

Back

Second stage of formation of bank is called.

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Incorporation

Commencement

Issue of shares

Promotion

The detail in the memorandum of bank is recorded :

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In one paragraph

In seperate paragraphs

On one page

All of the above

In these days Banks are formed under companies ordinance.

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1962

1932

1984

1013

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

Which document does reveal the internal affairs of a bank

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus

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

Essentials of successfl banking.

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Large capital

Secured loans

Inflation

Both of these

Commercial Bank is a factory of creating credit.

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Crowther

Gilbert

Reynold

H.I.Heart

^{The charger of commercial Bank is.}

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Momorandum

Articles

Prospectus

None of these

When was the "Reserve Bank of India" established:

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1925

1935

1940

1945

Temples were used as early banks in.

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Italy

Room

Greece

Iraq

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

Commercial bank is factory of creating credit.

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Crowther

Gilbert

Reynold

H.I .Heart

Which method is used for the formation of bank

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Royal order

Special ordinance

Company's ordinance

All of the above

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

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