Question # 1

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

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

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

"EFT" stands for

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Electronic Funds transfer

Economic financial theory

Electronic financial techniques

Effecitve fund telegram

The first central bank of indo-Pak

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Bank of Calcutta

Imperial bank

Reserve bank of India

None of the above

Whose role is consitered important in the beginning of cheque:

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Three

Merchants

Goldsmiths

Money lenders

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

The main purpose of commercial bank is.

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Walfare

Issue notes

Earn Profits

All these

For selling shares Bank issues

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Tickets

Prospectus

Certificate

Tokens

Imperial Bank was established in:

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1921

1925

1932

1937

Evolutionary history of early banks includes.

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Merechnats

Money Lenders

Gold smiths

All 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

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

Which document does reveal the internal affairs of a bank

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus

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

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