2nd Year Economics Chapter 5 Online MCQ Test for 12th Class Economics Chapter 5 (Banks)

ICS Part 2 Economics English Medium Chapter 5 Test

Start Chapter 5 Test

MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test"

Try The MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test"

  • Total Questions17

  • Time Allowed20

ICS Part 2 Economics English Medium Chapter 5 Online Test

00:00
Question # 1

An asset is liquid when it is

Question # 2

Demand deposite mean

Question # 3

Which type of cheque is least safe for transfer of money

Question # 4

Credit money is created by

Question # 5

Every country establishes central bank to

Question # 6

The bank can give loans

Question # 7

Which type of cheque is more safe for transfer of money

Question # 8

Cash cannot be directly obtaines from a bank against

Question # 9

Central banks rate of lending to commericalbanks is called.

Question # 10

Which is a function of commercial bank

Question # 11

Demand depostis are.

Question # 12

Acting as lender of last resort a cenral bank lend to.

Question # 13

Commercial banks accept deposits and provide

Question # 14

The money called legal tender includes.

Question # 15

Treasury bill is used for

Question # 16

Short term loans can be obtained in.

Question # 17

Credit money is controlled by

Prepare Complete Set Wise Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQs Online With Answers


5th Chapter

ICS Part 2 Economics English Medium Chapter 5 Test

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQ`s Test

  • J
    Jasdeep Partal 14 - Dec - 2021 01 Min 39 Sec 17/17
  • K
    Kazim 29 - Dec - 2017 02 Min 13 Sec 17/17
  • I
    Ibrahim Malik 21 - Jul - 2022 02 Min 03 Sec 16/17
  • S
    Shaista zarin 26 - Jan - 2018 02 Min 17 Sec 16/17
  • M
    Muhammad umer 08 - Aug - 2018 03 Min 43 Sec 15/17
  • R
    romana 16 - Dec - 2020 04 Min 09 Sec 15/17
  • M
    Maheen 24 - Feb - 2021 02 Min 27 Sec 14/17
  • S
    summayia 22 - Jan - 2018 03 Min 24 Sec 14/17
  • M
    M.Attiq-U-Rehman 26 - Nov - 2023 03 Min 27 Sec 14/17
  • A
    Ali Hassan 17 - Sep - 2022 03 Min 51 Sec 14/17
  • S
    Shahid 23 - Aug - 2018 04 Min 11 Sec 14/17
  • H
    Humaira 24 - Jan - 2018 05 Min 02 Sec 14/17
  • F
    Fiza 19 - Apr - 2021 03 Min 12 Sec 13/17
  • G
    Gul 11 - Aug - 2021 03 Min 26 Sec 13/17
  • S
    Sidra Khalid 11 - Apr - 2018 05 Min 12 Sec 13/17
Sr.# Question Answer
1 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
2 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
3 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
4 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
5 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate
6 Which type of card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
7 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
8 A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.
A. 25 m
B. 10 m
C. 5 m
D. 0 m
9 An asset is liquid when it is
A. Being traded frequnetly
B. Earning a good rate of return
C. Is money or easily converted into money
D. All of the above
10 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
11 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
12 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
13 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
14 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
15 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
16 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
17 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque

Test Questions

Is this page helpful?