12th class Economics chapter 13 online mcq test with answers for ICS part 2 Economics chapter 13 (Transport

Question # 1

Out of the following the only reconised legal lender is.

Bank notes A
Cheque B
Draft C
Credite card D

Question # 2

Discount rae of state Bank of a Pakistan is

Less than 5% A
More than 5% but not more than 15% B
More than 15% but not more than 25% C
More than 25% D

Question # 3

National Bank is.

Public Sector bank A
Private Bank B
Microfianace bank C
Specialised bank D

Question # 4

National Bank of Pakistan was established in

1949 A
1959 B
1960 C
1979 D

Question # 5

Pakistan has a bankng system.

Developed A
Underdeveloped B
Very unognsed C
Inefficient D

Question # 6

The bank established for loans to very small enterprises is called.

Micro Finance Bank A
Modarba Bank B
SME bank C
Firs Mini Bank D

Question # 7

10- Rupees note is issued by

National Bank A
State Bank B
Govt of Pakistan C
Governour State bank D

Question # 8

First women bank is

Govt Bank A
Privat bank B
Non Scheduled bank C
Investment Bank D

Question # 9

Commercial bank in Pakistan are supervised by

State Bank A
National Bank B
Finance Minister C
World Bank D

Question # 10

Acting as lender of last resort a central bank lends to.

Commercial Bank A
Stock exchange B
Money markets C
Does not lend D

Question # 11

State Bank was established in

1948 A
1950 B
1952 C
1954 D

Question # 12

It is NOT an instrument of monetary policy

Bank rate A
Open market operations B
Change in resere rato C
Issure notes D

Question # 13

Open Market Operations is

Buying and selling govt securities A
Buying and selling shares of companies B
Buying and selling bills of exchange C
Buying and selling foreign exchange D

Question # 14

Which statemetn is true of the relationship betwene bond prices and bond yields.

They very invesrsely A
They are not related B
They tool very directly C
They are related in long run and not in the short run D

Question # 15

Whcih is the mot widely used tool of monetary policy

Open market operations A
Issuing of notes B
Discount rate C
Cleaning house D

Question # 16

Whenthe state bank wants be decrease money supply in the country it.

Buys govt securities is stock market A
Sells govt securities B
Lowers siscount rate C
B and C D

Question # 17

Nationalisation of banks was done in

1974 A
1976 B
1978 C
1980 D

Sr.#	Question	Answer
1	It is NOT an instrument of monetary policy	A. Bank rate B. Open market operations C. Change in resere rato D. Issure notes
2	Whenthe state bank wants be decrease money supply in the country it.	A. Buys govt securities is stock market B. Sells govt securities C. Lowers siscount rate D. B and C
3	Commercial bank in Pakistan are supervised by	A. State Bank B. National Bank C. Finance Minister D. World Bank
4	The bank established for loans to very small enterprises is called.	A. Micro Finance Bank B. Modarba Bank C. SME bank D. Firs Mini Bank
5	Central Bank rate lending to commercial banks is called.	A. Discount rate B. Money rate C. Control Rate D. Interest rate
6	National Bank is.	A. Public Sector bank B. Private Bank C. Microfianace bank D. Specialised bank
7	Acting as lender of last resort a central bank lends to.	A. Commercial Bank B. Stock exchange C. Money markets D. Does not lend
8	Out of the following the only reconised legal lender is.	A. Bank notes B. Cheque C. Draft D. Credite card
9	Total number of branches of Pakistani banks is approximately	A. 5000 B. 10000 C. 15000 D. 20000
10	National Bank of Pakistan was established in	A. 1949 B. 1959 C. 1960 D. 1979

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Out of the following the only reconised legal lender is.

Discount rae of state Bank of a Pakistan is

National Bank is.

National Bank of Pakistan was established in

Pakistan has a bankng system.

The bank established for loans to very small enterprises is called.

10- Rupees note is issued by

First women bank is

Commercial bank in Pakistan are supervised by

Acting as lender of last resort a central bank lends to.

State Bank was established in

It is NOT an instrument of monetary policy

Open Market Operations is

Which statemetn is true of the relationship betwene bond prices and bond yields.

Whcih is the mot widely used tool of monetary policy

Whenthe state bank wants be decrease money supply in the country it.

Nationalisation of banks was done in

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