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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
Beginning of Bank draft by
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Kings
Money lenders
Merchants
gold smith
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Question # 2
According to Sir John Paget, a bank is an institution which :
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Accepts the deposits of general public
Honours the cheques
Advances loan
All of the above
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Question # 3
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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Question # 4
Due to good Banking system which sector showed Rapid growth.
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Agriculture sector
Industiral sector
Banking Sector
All of these
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Question # 5
Which method is used for the formation of bank
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Royal order
Special ordinance
Company's ordinance
All of the above
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Question # 6
The temples were used as banks in:
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Italy
Rome
China
Greece
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Question # 7
Who was the founder of commercial bank
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Goldsmiths
Merchants
Money lenders
All the above
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Question # 8
Beginning of cheque by.
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Gold smiths
Merchants
Kings
Money lenders.
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Question # 9
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
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Question # 10
The change in the address of abnk should be intimated to registar within:
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Eight days
Ten days
Eighteen days
Twenty eight days
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Question # 11
Money Lenders usually known as.
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Sheikh
Nawab
Seth
Debtors
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Question # 12
Imperial Bank was established in:
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1921
1925
1932
1937
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Question # 13
Manage the internal affairs of Bank.
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Prospectus
Memorandum
Articles
All of these
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Question # 14
Important source of income for Bank.
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Deposits
Current Account
Saving account
Issued loans
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Question # 15
Modern commercial Bank are teh developed form of the Busniess of.
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Gold Smith
Merchants
Money Lenders
All these
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Question # 16
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 # 17
Commercial bank is factory of creating credit.
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Crowther
Gilbert
Reynold
H.I .Heart
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Question # 18
Who are called the ancestors of modern banks.
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Merchant
Money Lenders
Gold Smiths
All of these
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