Question # 1

Memorandum includes

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05 Clasuses

06 Clauses

10 Clauses

12 Clauses

Who are called the ancestors of modern banks.

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Merchant

Money Lenders

Gold Smiths

All of these

Temples were used as early banks in.

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Italy

Room

Greece

Iraq

"EFT" stands for

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Electronic Funds transfer

Economic financial theory

Electronic financial techniques

Effecitve fund telegram

Who started the use of bank draft:

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Kings

Merchants

Money lenders

Goldsmiths

Which document indicates the authority and limitation of bank

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Memorandum

Articles

Certificate of incorporation

Prospectus

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

When was the "Reserve Bank of India" established:

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1925

1935

1940

1945

^{The charger of commercial Bank is.}

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Momorandum

Articles

Prospectus

None of these

Who used to tak gold and precfious metal as safe custody.

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Merchants

Kings

Money Lenders

Gold Smiths

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

Money Lenders usually known as.

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Sheikh

Nawab

Seth

Debtors

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

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Banque

Banco

Bancus

Back

Modern commercial Bank are teh developed form of the Busniess of.

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Gold Smith

Merchants

Money Lenders

All these

Manage the internal affairs of Bank.

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Prospectus

Memorandum

Articles

All of these

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

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

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