12th Class ICom Part 2 Principles of Banking Chapter Wise Online MCQ Test with answers PDF English Medium

Principles of Banking Icom Part 2 English Medium Online Test

Sr. #	Questions	Answers Choice
1	Beginning of cheque by.	Gold smiths Merchants Kings Money lenders.
2	Commercial Bank is a factory of creating credit.	Crowther Gilbert Reynold H.I.Heart
3	Begining of Bank draft by.	Kings Money Lenders Merchants Gold smith
4	Commercial bank is factory of creating credit.	Crowther Gilbert Reynold H.I .Heart
5	Beginning of Bank draft by	Kings Money lenders Merchants gold smith
6	Money Lenders usually known as.	Sheikh Nawab Seth Debtors
7	Bank of England was established in.	1494 1694 1920 1668
8	Bank of England and Royal Bank of Scotaland are an examples of.	Statutory Bank Development bank Royal Bank Non eof these
9	Which one is the Secondary function commercial bank.	Accept deposits Advance loans Collections of cheques All these
10	The main purpose of commercial bank is.	Walfare Issue notes Earn Profits All these
11	Which one is the primary function of a bank	Accepting deposits Advancing loans Both these None of these
12	"EFT" stands for	Electronic Funds transfer Economic financial theory Electronic financial techniques Effecitve fund telegram
13	For selling shares Bank issues	Tickets Prospectus Certificate Tokens
14	List of Directors is required at the stage of.	Registration Incorporation Promotion Commencement
15	Second stage of formation of bank is called.	Incorporation Commencement Issue of shares Promotion