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

ICS Part 2 Economics English Medium Chapter 5 Test

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

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ICS Part 2 Economics English Medium Chapter 5 Online Test

00:00
Question # 1

Whcih type of card is not issued by commmercial banks

Question # 2

Which is a monetary measure to increase employment.

Question # 3

Demand deposite mean

Question # 4

The bank can give loans

Question # 5

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

Question # 6

An asset is liquid when it is

Question # 7

Treasury bill is used for

Question # 8

Which type of cheque is least safe for transfer of money

Question # 9

Which type of card is not issued by central banks

Question # 10

Credit money is created by

Question # 11

Out following the only recognised legal tender is

Question # 12

Central banks rate of lending to commericalbanks is called.

Question # 13

State bank was established in .

Question # 14

Whis is the most widely used tool of monetary policy

Question # 15

10-Rupees note is issued by

Question # 16

Commercial banks are able to create money by

Question # 17

Balance sheet of a bank has two parts

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ICS Part 2 Economics English Medium Chapter 5 Test

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ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 Whis is the most widely used tool of monetary policy
A. Open market operation
B. Clearing house
C. Discount rate
D. Issuing of the note
2 If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
A. Demand deposits
B. Tiem deposit
C. Saving account
D. Profit loss account
3 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
4 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
5 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
6 If a person is more intrested to earn income he shud deposit his money in
A. Demand deposits
B. Time deposit
C. Saving account
D. Profit loss account
7 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
8 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
9 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
10 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above

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