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 Commercial Bank is a factory of creating credit.
  • A. Crowther
  • B. Gilbert
  • C. Reynold
  • D. H.I.Heart
2 What kinds of business does a commercial bank do
  • A. Accepts deposits and advances loans
  • B. Issues currency notes
  • C. Re-discounts the bills of exchange
  • D. All the above
3 Money Lenders usually known as.
  • A. Sheikh
  • B. Nawab
  • C. Seth
  • D. Debtors
4 Begining of Bank draft by.
  • A. Kings
  • B. Money Lenders
  • C. Merchants
  • D. Gold smith
5 The change in the address of abnk should be intimated to registar within:
  • A. Eight days
  • B. Ten days
  • C. Eighteen days
  • D. Twenty eight days
6 When was the "Reserve Bank of India" established:
  • A. 1925
  • B. 1935
  • C. 1940
  • D. 1945
7 What type of institution a bank is:
  • A. Financial
  • B. Social
  • C. Religious
  • D. All of the above
8 The detail in the memorandum of bank is recorded :
  • A. In one paragraph
  • B. In seperate paragraphs
  • C. On one page
  • D. All of the above
9 Which method is used for the formation of bank
  • A. Royal order
  • B. Special ordinance
  • C. Company's ordinance
  • D. All of the above
10 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

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

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Fatima Raja

Lahore16 - Dec - 2024

14/15
01 Mins 53 Sec
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W King

Lahore26 - Nov - 2024

13/15
02 Mins 16 Sec
W

W King

Lahore26 - Nov - 2024

10/15
02 Mins 54 Sec
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Fatima Raja

Lahore16 - Dec - 2024

9/15
01 Mins 37 Sec
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Jaweria Munir

Lahore06 - Dec - 2024

9/15
03 Mins 12 Sec
W

W King

Lahore26 - Nov - 2024

9/15
03 Mins 17 Sec
S

Sam Gram

Lahore10 - Dec - 2024

9/15
03 Mins 35 Sec
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Hadiqa Shah

Lahore24 - Sep - 2024

8/15
01 Mins 29 Sec
S

Sam Gram

Lahore10 - Dec - 2024

8/15
04 Mins 53 Sec

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