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ICS Part 2 Economics English Medium Chapter 5 Test
Start Chapter 5 TestICS Part 2 Economics English Medium Chapter Wise MCQ's Test
MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test"
Try The MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test"
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Total Questions17
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Time Allowed20
ICS Part 2 Economics English Medium Chapter 5 Online Test
00:00
Question # 1
It creates credit
Question # 2
Commercial banks accept deposits and provide
Question # 3
Short term loans can be obtained in.
Question # 4
Which is a function of commercial bank
Question # 5
The following is not a bank liability.
Question # 6
Credit money is controlled by
Question # 7
Out following the only recognised legal tender is
Question # 8
Balance sheet of a bank has two parts
Question # 9
Which type of card is not issued by central banks
Question # 10
Which is a monetary measure to increase employment.
Question # 11
Acting as lender of last resort a cenral bank lend to.
Question # 12
If you borrow from a bak the amount which the bank charges is called.
Question # 13
Which type of cheque is more safe for transfer of money
Question # 14
The money called legal tender includes.
Question # 15
Central banks rate of lending to commericalbanks is called.
Question # 16
Every country establishes centralbank to
Question # 17
The following is not a bank liability.
ICS Part 2 Economics English Medium Chapter 5 Test
Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQ`s Test
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J Jasdeep Partal 14 - Dec - 2021 01 Min 39 Sec 17/17 -
K Kazim 29 - Dec - 2017 02 Min 13 Sec 17/17 -
I Ibrahim Malik 21 - Jul - 2022 02 Min 03 Sec 16/17 -
S Shaista zarin 26 - Jan - 2018 02 Min 17 Sec 16/17 -
M Muhammad umer 08 - Aug - 2018 03 Min 43 Sec 15/17 -
R romana 16 - Dec - 2020 04 Min 09 Sec 15/17 -
M Maheen 24 - Feb - 2021 02 Min 27 Sec 14/17 -
S summayia 22 - Jan - 2018 03 Min 24 Sec 14/17 -
M M.Attiq-U-Rehman 26 - Nov - 2023 03 Min 27 Sec 14/17 -
A Ali Hassan 17 - Sep - 2022 03 Min 51 Sec 14/17 -
S Shahid 23 - Aug - 2018 04 Min 11 Sec 14/17 -
H Humaira 24 - Jan - 2018 05 Min 02 Sec 14/17 -
Q Qazi Mohid 08 - Jun - 2026 05 Min 53 Sec 14/17 -
F Fiza 19 - Apr - 2021 03 Min 12 Sec 13/17 -
M Masooma Zainab 14 - Sep - 2026 03 Min 15 Sec 13/17
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 | 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
|
| 3 | State bank was established in . |
A. 1948
B. 1950
C. 1952
D. 1954
|
| 4 | Every country establishes central bank to |
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
|
| 5 | Which type of cheque is more safe for transfer of money |
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
|
| 6 | The bank can give loans |
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
|
| 7 | 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
|
| 8 | Which is a function of commercial bank |
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
|
| 9 | A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite. |
A. 25 m
B. 10 m
C. 5 m
D. 0 m
|
| 10 | 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
|
Test Questions