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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  • Total Questions17

  • Time Allowed20

ICS Part 2 Economics English Medium Chapter 5 Online Test

00:00
Question # 1

Bank Prepare their balace sheet.

Question # 2

Which is the sourceof interest for a bank

Question # 3

Short term loans can be obtained in.

Question # 4

Credit money is controlled by

Question # 5

Which is a monetary measure to increase employment.

Question # 6

Central banks rate of lending to commercial banks is called.

Question # 7

The bank can give loans

Question # 8

Treasury bill is used for

Question # 9

Banks discout it and advance loans.

Question # 10

Which is a function of commercial bank

Question # 11

Credit money is created by

Question # 12

Which type of card is not issued by central banks

Question # 13

Every country establishes central bank to

Question # 14

Out following the only recognised legal tender is

Question # 15

Whcih organisation controls the banking system to most countries.

Question # 16

The money called legal tender includes.

Question # 17

It is NOT an instrument of moneatry policy

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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 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
2 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
3 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
4 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
5 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
6 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
7 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
8 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
9 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
10 If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
A. Demand deposits
B. Tiem deposit
C. Saving account
D. Profit loss account

Test Questions

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