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

Which document indicates the authority and limitation of bank

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Memorandum

Articles

Certificate of incorporation

Prospectus

Money Lenders usually known as.

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Sheikh

Nawab

Seth

Debtors

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

Muslims commercial Bank was established on.

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1947

1948

1951

1949

Due to good Banking system which sector showed Rapid growth.

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Agriculture sector

Industiral sector

Banking Sector

All of these

Beginning of Bank draft by

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Kings

Money lenders

Merchants

gold smith

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

Whose role is consitered important in the beginning of cheque:

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Three

Merchants

Goldsmiths

Money lenders

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

Bank of England was established in.

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1494

1694

1920

1668

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

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

Begining of Bank draft by.

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Kings

Money Lenders

Merchants

Gold smith

Second stage of formation of bank is called.

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Incorporation

Commencement

Issue of shares

Promotion

Beginning of cheque by.

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Gold smiths

Merchants

Kings

Money lenders.

Most of the experts agreed that the word "Bank" has been derived from the word.

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Banque

Banco

Bancus

Back

Memorandum includes

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05 Clasuses

06 Clauses

10 Clauses

12 Clauses

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

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