Question # 1

If a bank is unable to submit prospectus at the time of registration, then it has to submit:

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Statement in lieu of prospectus

Certificate of incorpoartion

Certificate of commencement

None of the above

The temples were used as banks in:

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Italy

Rome

China

Greece

Memorandum includes

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05 Clasuses

06 Clauses

10 Clauses

12 Clauses

bank is the developed form of

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The business of moneylenders

The business of merchants

The business of goldsmiths

None of the above

Essentials of successfl banking.

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Large capital

Secured loans

Inflation

Both of these

The document by which the people are invited to buy the shares of bank is called

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus of bank

The primary objective of a central bank is to

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Earn profit

Advance loans to traders

Safeguard the national interest

All of the above

Money creative bank is

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Central bank

Commercial bank

Consumer bank

Both a and b

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

Example of consortium Bank.

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SBP

Orion Bank

MCB

NBP

List of Directors is required at the stage of.

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Registration

Incorporation

Promotion

Commencement

Which of the following banks accepts deposits and advances loans

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Cooperative bank

Mortgage bank

Commercial bank

Central bank

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

Which bank was formed under the royal order

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Bank of Venice

State Bank of Pakistan

Bank of Barsolona

Chartered bank of England

When was the "Bank of Venice" established:

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1127

1147

1157

1187

Bank of England and Royal Bank of Scotaland are an examples of.

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Statutory Bank

Development bank

Royal Bank

Non eof these

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Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test MCQs With Answers

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