Question # 1

American express Bank is an example of.

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School Bank

Exchange Bank

Consortium Bank

None 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

Which of the following banks accepts deposits and advances loans

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Cooperative bank

Mortgage bank

Commercial bank

Central bank

Beginning of cheque by.

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Gold smiths

Merchants

Kings

Money lenders.

In these days Banks are formed under companies ordinance.

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1962

1932

1984

1013

Money creative bank is

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Central bank

Commercial bank

Consumer bank

Both a and b

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

How many minimum promoters are required to sign on an application for the registration of commercial bank

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Two

Five

Seven

Ten

Whose role is consitered important in the beginning of cheque:

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Three

Merchants

Goldsmiths

Money lenders

Example of consortium Bank.

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SBP

Orion Bank

MCB

NBP

Which document does reveal the internal affairs of a bank

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus

What kinds of business does a commercial bank do

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Accepts deposits and advances loans

Issues currency notes

Re-discounts the bills of exchange

All the above

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

Manage the internal affairs of Bank.

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Prospectus

Memorandum

Articles

All of these

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

The first central bank of indo-Pak

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Bank of Calcutta

Imperial bank

Reserve bank of India

None of the above

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

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