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 When was the "Bank of England" got the monopoly ovwe note issue:
  • A. 1728
  • B. 1758
  • C. 1768
  • D. 1778
2 Evolutionary history of early banks includes.
  • A. Merechnats
  • B. Money Lenders
  • C. Gold smiths
  • D. All these
3 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
4 Which one is the Secondary function commercial bank.
  • A. Accept deposits
  • B. Advance loans
  • C. Collections of cheques
  • D. All these
5 Important source of income for Bank.
  • A. Deposits
  • B. Current Account
  • C. Saving account
  • D. Issued loans
6 According to registration , bank is divided into followings categories:
  • A. Home and foreign bank
  • B. Central and commercial bank
  • C. Scheduled and non-scheduled bank
  • D. All of the above
7 If a bank is unable to submit prospectus at the time of registration, then it has to submit:
  • A. Statement in lieu of prospectus
  • B. Certificate of incorpoartion
  • C. Certificate of commencement
  • D. None of the above
8 Money creative bank is
  • A. Central bank
  • B. Commercial bank
  • C. Consumer bank
  • D. Both a and b
9 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
10 The word Bank has been derived from the German word
  • A. Back
  • B. Bancus
  • C. Banco
  • D. None of the above

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

F

Fatima Raja

Lahore16 - Dec - 2024

14/15
01 Mins 53 Sec
W

W King

Lahore26 - Nov - 2024

13/15
02 Mins 16 Sec
W

Waiz Sharif

Lahore11 - Jan - 2025

12/15
02 Mins 08 Sec
M

Malik Nouman Yousafi

Lahore01 - Feb - 2025

10/15
02 Mins 47 Sec
W

W King

Lahore26 - Nov - 2024

10/15
02 Mins 54 Sec
F

Fatima Raja

Lahore16 - Dec - 2024

9/15
01 Mins 37 Sec
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Hashir Khan

Lahore29 - Jan - 2025

9/15
02 Mins 33 Sec
J

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
M

Malik Nouman Yousafi

Lahore01 - Feb - 2025

8/15
04 Mins 04 Sec
S

Sam Gram

Lahore10 - Dec - 2024

8/15
04 Mins 53 Sec

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