5th Chapter

ICS Part 2 Economics English Medium Chapter 5 Test

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

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

Sr. # Questions Answers Choice
1 Demand deposite mean
  • A. Saving account
  • B. Chequeable deposits
  • C. Profit loss account
  • D. Time deposits
2 Credit money is created by
  • A. Central bank
  • B. Commercial Bank
  • C. Government
  • D. All of the above
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 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
5 State bank of Pakistan is run by
  • A. Board of directors
  • B. Board of managers
  • C. Board of govenors
  • D. Board of bankers
6 Profit and losss sharing is basis of finance under this system.
  • A. Islamic
  • B. Capitalistic
  • C. Socialistic
  • D. None
7 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
8 Credit money is controlled by
  • A. Central bank
  • B. Market forces
  • C. Commercial Bank
  • D. Government
9 The bank can give loans
  • A. Unlimited
  • B. Equal to deposites
  • C. less than deposits
  • D. More dhan deposits
10 Which is considered liablility by a bank
  • A. Loans
  • B. Bank building and equipment
  • C. Time deposit
  • D. Securities

Top Scorers of ICS Part 2 Economics English Medium Chapter 5 Online Test

M

Muhammad Hassan

Lahore29 - Apr - 2025

16/17
03 Mins 09 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

15/17
01 Mins 39 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

14/17
02 Mins 27 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

14/17
05 Mins 58 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

13/17
02 Mins 13 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

13/17
03 Mins 30 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

12/17
02 Mins 26 Sec
I

Irshad Hussain

Lahore20 - Apr - 2025

10/17
03 Mins 23 Sec

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer