1st Chapter

12th Principles of Banking Chapter 1 Test

Here you can prepare 12th Class Principles of Banking Chapter 1 Beginning and Evolution of Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 1 online mcq test with answers for ICOM part 2 Principle of Banking Chapter 1 (Beginning and Evolution of Bank)

This online test contains MCQs about following topics:

. Introduction . Derivation of word bank . Histroy of the bank . Evolution of the bank . Definition of the bank . Kinds of the bank . Formation of the bank . Characteristics of the stable banking system

ICOM Part 2 Banking Ch 1 Test
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12th class Principle of Banking chapter 1 online mcq test with answers for ICOM part 2 Principle of Banking Chapter 1 (Beginning and Evolution of Bank)

Sr. # Questions Answers Choice
1 List of Directors is required at the stage of.
  • A. Registration
  • B. Incorporation
  • C. Promotion
  • D. Commencement
2 Essentials of successfl banking.
  • A. Large capital
  • B. Secured loans
  • C. Inflation
  • D. Both of these
3 Modern commercial Bank are teh developed form of the Busniess of.
  • A. Gold Smith
  • B. Merchants
  • C. Money Lenders
  • D. All these
4 Begining of Bank draft by.
  • A. Kings
  • B. Money Lenders
  • C. Merchants
  • D. Gold smith
5 Which one is the primary function of a bank
  • A. Accepting deposits
  • B. Advancing loans
  • C. Both these
  • D. None of these
6 Who was the founder of commercial bank
  • A. Goldsmiths
  • B. Merchants
  • C. Money lenders
  • D. All the above
7 Bank of England and Royal Bank of Scotaland are an examples of.
  • A. Statutory Bank
  • B. Development bank
  • C. Royal Bank
  • D. Non eof these
8 Who are called the ancestors of modern banks.
  • A. Merchant
  • B. Money Lenders
  • C. Gold Smiths
  • D. All of these
9 Imperial Bank was established in:
  • A. 1921
  • B. 1925
  • C. 1932
  • D. 1937
10 Commercial Bank is a factory of creating credit.
  • A. Crowther
  • B. Gilbert
  • C. Reynold
  • D. H.I.Heart

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test

H

Hadiqa Shah

Lahore24 - Sep - 2024

8/15
01 Mins 29 Sec

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