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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
Bank of England was formed in:
Choose an answer
1594
1694
1794
1894
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Question # 2
Manage the internal affairs of Bank.
Choose an answer
Prospectus
Memorandum
Articles
All of these
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Question # 3
Which document is attached to the application for the registration of bank
Choose an answer
Memorandum of bank
Articles of bank
Prospectus
All the above
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Question # 4
Which method is used for the formation of bank
Choose an answer
Royal order
Special ordinance
Company's ordinance
All of the above
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Question # 5
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
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Question # 6
The banks under special ordinance are formed:
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By the president of any bank
By the president of world bank
By the president of a country
All of the above
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Question # 7
Imperial Bank was established in:
Choose an answer
1921
1925
1932
1937
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Question # 8
The detail in the memorandum of bank is recorded :
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In one paragraph
In seperate paragraphs
On one page
All of the above
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Question # 9
Beginning of cheque by.
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Gold smiths
Merchants
Kings
Money lenders.
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Question # 10
Which of the following banks accepts deposits and advances loans
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Cooperative bank
Mortgage bank
Commercial bank
Central bank
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Question # 11
In these days Banks are formed under companies ordinance.
Choose an answer
1962
1932
1984
1013
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Question # 12
Money Lenders usually known as.
Choose an answer
Sheikh
Nawab
Seth
Debtors
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Question # 13
Evolutionary history of early banks includes.
Choose an answer
Merechnats
Money Lenders
Gold smiths
All these
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Question # 14
The first central bank of indo-Pak
Choose an answer
Bank of Calcutta
Imperial bank
Reserve bank of India
None of the above
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Question # 15
Who started the use of bank draft:
Choose an answer
Kings
Merchants
Money lenders
Goldsmiths
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