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

Treasury bill is used for

Question # 2

It creates credit

Question # 3

10-Rupees note is issued by

Question # 4

Which type of card is not issued by central banks

Question # 5

Demand deposite mean

Question # 6

Which is a monetary measure to increase employment.

Question # 7

Out following the only recognised legal tender is

Question # 8

The money called legal tender includes.

Question # 9

Which is a function of commercial bank

Question # 10

Credit money is controlled by

Question # 11

Whcih type of card is not issued by commmercial banks

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

State bank of Pakistan is run by

Question # 16

Commercial banks are able to create money by

Question # 17

Demand depostis are.

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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 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
2 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
3 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
4 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
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 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
7 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
8 If a person is more intrested to earn income he shud deposit his money in
A. Demand deposits
B. Time deposit
C. Saving account
D. Profit loss account
9 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
10 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes

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