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

Which is the sourceof interest for a bank

Question # 2

State Bank policy of regulating intrst rate is called.

Question # 3

Cash cannot be directly obtaines from a bank against

Question # 4

Demand deposite are

Question # 5

Whcih type of card is not issued by commmercial banks

Question # 6

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

Question # 7

Which type of card is not issued by central banks

Question # 8

Banks discout it and advance loans.

Question # 9

Whis is the most widely used tool of monetary policy

Question # 10

Commercial banks are able to create money by

Question # 11

Central banks rate of lending to commericalbanks is called.

Question # 12

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

Question # 13

An asset is liquid when it is

Question # 14

Which type of cheque is least safe for transfer of money

Question # 15

Which is a function of commercial bank

Question # 16

Demand deposit are

Question # 17

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

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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 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
2 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
3 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
4 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
5 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
6 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
7 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
8 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
9 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
10 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money

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