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

The following is not a bank liability.

Question # 2

State bank of Pakistan is run by

Question # 3

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

Question # 4

10-Rupees note is issued by

Question # 5

Which type of card is not issued by central banks

Question # 6

Central banks rate of lending to commericalbanks is called.

Question # 7

Credit money is created by

Question # 8

Commercial banks accept deposits and provide

Question # 9

Credit money is created by

Question # 10

Treasury bill is used for

Question # 11

Short term loans can be obtained in.

Question # 12

Whcih type of card is not issued by commmercial banks

Question # 13

If you borrow from a bak the amount which the bank charges is called.

Question # 14

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

Question # 15

Demand deposite are

Question # 16

Which is a monetary measure to increase employment.

Question # 17

State Bank policy of regulating intrst rate is called.

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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 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
2 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
3 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
4 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
5 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
6 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
7 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
8 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
9 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
10 Balance sheet of a bank has two parts
A. Supply and demand for deposits
B. Supply and demand of Advances
C. Assests and liablilities
D. Cash Reserves and loans

Test Questions

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