Question # 1

Money Lenders usually known as.

Choose an answer

Sheikh

Nawab

Seth

Debtors

For selling shares Bank issues

Choose an answer

Tickets

Prospectus

Certificate

Tokens

Muslims commercial Bank was established on.

Choose an answer

1947

1948

1951

1949

Which one is the Secondary function commercial bank.

Choose an answer

Accept deposits

Advance loans

Collections of cheques

All these

Beginning of Bank draft by

Choose an answer

Kings

Money lenders

Merchants

gold smith

Which bank was formed under the royal order

Choose an answer

Bank of Venice

State Bank of Pakistan

Bank of Barsolona

Chartered bank of England

If a bank is unable to submit prospectus at the time of registration, then it has to submit:

Choose an answer

Statement in lieu of prospectus

Certificate of incorpoartion

Certificate of commencement

None of the above

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

Choose an answer

Two

Five

Seven

Ten

Which method is used for the formation of bank

Choose an answer

Royal order

Special ordinance

Company's ordinance

All of the above

"EFT" stands for

Choose an answer

Electronic Funds transfer

Economic financial theory

Electronic financial techniques

Effecitve fund telegram

Commercial Bank is a factory of creating credit.

Choose an answer

Crowther

Gilbert

Reynold

H.I.Heart

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

Choose an answer

Merchants

Kings

Money Lenders

Gold Smiths

Whose role is consitered important in the beginning of cheque:

Choose an answer

Three

Merchants

Goldsmiths

Money lenders

Begining of Bank draft by.

Choose an answer

Kings

Money Lenders

Merchants

Gold smith

Second stage of formation of bank is called.

Choose an answer

Incorporation

Commencement

Issue of shares

Promotion

Bank of England was established in.

Choose an answer

1494

1694

1920

1668

Essentials of successfl banking.

Choose an answer

Large capital

Secured loans

Inflation

Both of these

What type of institution a bank is:

Choose an answer

Financial

Social

Religious

All of the above

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer