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)

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

Sr. #	Questions	Answers Choice
1	For Transactions the merchants used to issue.	Passport Promissory note Ideintty card Bil lof exchange
2	Evolutionary history of early banks includes.	Merechnats Money Lenders Gold smiths All these
3	The banks under special ordinance are formed:	By the president of any bank By the president of world bank By the president of a country All of the above
4	Whose role is consitered important in the beginning of cheque:	Three Merchants Goldsmiths Money lenders
5	The change in the address of abnk should be intimated to registar within:	Eight days Ten days Eighteen days Twenty eight days
6	The detail in the memorandum of bank is recorded :	In one paragraph In seperate paragraphs On one page All of the above
7	When was the "Reserve Bank of India" established:	1925 1935 1940 1945
8	Imperial Bank was established in:	1921 1925 1932 1937
9	The temples were used as banks in:	Italy Rome China Greece
10	When was the "Bank of Venice" established:	1127 1147 1157 1187
11	When was the "Bank of England" got the monopoly ovwe note issue:	1728 1758 1768 1778
12	According to registration , bank is divided into followings categories:	Home and foreign bank Central and commercial bank Scheduled and non-scheduled bank All of the above
13	Bank of England was formed in:	1594 1694 1794 1894
14	If a bank is unable to submit prospectus at the time of registration, then it has to submit:	Statement in lieu of prospectus Certificate of incorpoartion Certificate of commencement None of the above
15	According to Sir John Paget, a bank is an institution which :	Accepts the deposits of general public Honours the cheques Advances loan All of the above

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