Question # 1

Who are called the ancestors of modern banks.

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Merchant

Money Lenders

Gold Smiths

All of these

Who was the founder of commercial bank

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Goldsmiths

Merchants

Money lenders

All the above

Whose role is consitered important in the beginning of cheque:

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Three

Merchants

Goldsmiths

Money lenders

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

Bank of England was established in.

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1494

1694

1920

1668

The first central bank of indo-Pak

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Bank of Calcutta

Imperial bank

Reserve bank of India

None of the above

American express Bank is an example of.

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School Bank

Exchange Bank

Consortium Bank

None of these

When was the "Bank of Venice" established:

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1127

1147

1157

1187

When was the "Bank of England" got the monopoly ovwe note issue:

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1728

1758

1768

1778

The main purpose of commercial bank is.

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Walfare

Issue notes

Earn Profits

All these

When was the "Reserve Bank of India" established:

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1925

1935

1940

1945

Who started the use of bank draft:

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Kings

Merchants

Money lenders

Goldsmiths

Begining of Bank draft by.

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Kings

Money Lenders

Merchants

Gold smith

Which one is the primary function of a bank

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Accepting deposits

Advancing loans

Both these

None of these

List of Directors is required at the stage of.

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Registration

Incorporation

Promotion

Commencement

For selling shares Bank issues

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Tickets

Prospectus

Certificate

Tokens

The word Bank has been derived from the German word

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Back

Bancus

Banco

None of the above

Imperial Bank was established in:

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1921

1925

1932

1937

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

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