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

Central banks rate of lending to commericalbanks is called.

Question # 2

Credit money is created by

Question # 3

Which is a monetary measure to increase employment.

Question # 4

The following is not a bank liability.

Question # 5

Credit money is created by

Question # 6

Whis is the most widely used tool of monetary policy

Question # 7

10-Rupees note is issued by

Question # 8

The bank can give loans

Question # 9

Which type of cheque is least safe for transfer of money

Question # 10

The following is not a bank liability.

Question # 11

Demand deposit are

Question # 12

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

Question # 13

Every country establishes central bank to

Question # 14

State bank of Pakistan is run by

Question # 15

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

Question # 16

Short term loans can be obtained in.

Question # 17

A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.

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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 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
2 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
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 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
5 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
6 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
7 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
8 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
9 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
10 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit

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