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12th Class Principles of Economics Chapter 5 Test

12th class I.Com Part 2 Principles of Economics chapter 5 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 5 Test

Start Chapter 5 Test

I.Com Part 2 Principles of Economics Chapter Wise Test
(English Medium)

12th class I.Com Part 2 Principles of Economics chapter 5 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 Cash cannot be directly obtained from a bank against
  • A. cross cheque
  • B. order cheque
  • C. bearer cheque
  • D. traveller cheque
2 The power of a bank create credit is affected by
  • A. The cash reserve requirement
  • B. The amount of cash available
  • C. The number of branches of a bank
  • D. A and b of above
3 The rage charged by a central bank on loans is called.
  • A. market rate
  • B. discount rate
  • C. lending rate
  • D. tax rate
4 Commercial banks accept deposits and provide
  • A. Money
  • B. Cheque
  • C. Loans
  • D. Bill of exchange
5 credit money is created by
  • A. Central bank
  • B. Commercial bank
  • C. Government
  • D. All of the above
6 Profit and loss- sharing is and element of this system
  • A. Islamic
  • B. Capitalistic
  • C. Socialistic
  • D. None
7 Which types of card is not issued by commercial banks.
  • A. Credit card
  • B. Debit card
  • C. ATM Card
  • D. None of issue by it
8 Which type of cheque is least safe for transfer of money
  • A. bearer cheque
  • B. traveller cheque
  • C. Order cheque
  • D. cross cheque
9 Short term loans can be obtained in
  • A. stock market
  • B. money market
  • C. capital market
  • D. All of the market
10 If you borrow from a bank the amount which the bank charges is called.
  • A. Bank rate
  • B. Discount rate
  • C. Interest rate
  • D. borrowing rage

Chapterwise Lists

Chapter Name Questions PDF File
Economics Ics Part 2 English Medium Chapter 1 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 2 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test 10 Questions
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