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

State bank was established in .

Question # 2

Monetary pollicy has the objective

Question # 3

Out following the only recognised legal tender is

Question # 4

Credit money is controlled by

Question # 5

Whcih type of card is not issued by commmercial banks

Question # 6

If a person is more intrested to earn income he shud deposit his money in

Question # 7

Whis is the most widely used tool of monetary policy

Question # 8

Which type of card is not issued by central banks

Question # 9

State Bank policy of regulating intrst rate is called.

Question # 10

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Question # 11

Central banks rate of lending to commercial banks is called.

Question # 12

The following is not a bank liability.

Question # 13

Whcih organisation controls the banking system to most countries.

Question # 14

Which is a function of commercial bank

Question # 15

Commercial banks are able to create money by

Question # 16

Which is the sourceof interest for a bank

Question # 17

It creates credit

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


Topic Test

00:00
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

ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 Treasury bill is used for
A. Getting short term loans by central bank
B. Getting long term loans
C. Collecting govt. taxes
D. Make payments of utility bills
2 Which is a function of commercial bank
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
3 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
4 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
5 When a commercial bank creaes credite. Its immediate effect is tha tit raises.
A. The exchange rate
B. The money supply
C. The interest rate
D. The real national income
6 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
7 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
8 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
9 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
10 The money called legal tender includes.
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques

Test Questions

Is this page helpful?

Share your comments & questions here

Guest
  • No comments yet. Be the first to comment!