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 Whose role is consitered important in the beginning of cheque:
  • A. Three
  • B. Merchants
  • C. Goldsmiths
  • D. Money lenders
2 "EFT" stands for
  • A. Electronic Funds transfer
  • B. Economic financial theory
  • C. Electronic financial techniques
  • D. Effecitve fund telegram
3 Who are called the ancestors of modern banks.
  • A. Merchant
  • B. Money Lenders
  • C. Gold Smiths
  • D. All of these
4 List of Directors is required at the stage of.
  • A. Registration
  • B. Incorporation
  • C. Promotion
  • D. Commencement
5 Manage the internal affairs of Bank.
  • A. Prospectus
  • B. Memorandum
  • C. Articles
  • D. All of these
6 Imperial Bank was established in:
  • A. 1921
  • B. 1925
  • C. 1932
  • D. 1937
7 How many minimum promoters are required to sign on an application for the registration of commercial bank
  • A. Two
  • B. Five
  • C. Seven
  • D. Ten
8 Essentials of successfl banking.
  • A. Large capital
  • B. Secured loans
  • C. Inflation
  • D. Both of these
9 The banks under special ordinance are formed:
  • A. By the president of any bank
  • B. By the president of world bank
  • C. By the president of a country
  • D. All of the above
10 Memorandum includes
  • A. 05 Clasuses
  • B. 06 Clauses
  • C. 10 Clauses
  • D. 12 Clauses

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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