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

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Question # 1

Cash cannot be directly obtaines from a bank against

Question # 2

State Bank policy of regulating intrst rate is called.

Question # 3

Short term loans can be obtained in.

Question # 4

Which is a monetary measure to increase employment.

Question # 5

Balance sheet of a bank has two parts

Question # 6

Whcih organisation controls the banking system to most countries.

Question # 7

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

Question # 8

Credit money is controlled by

Question # 9

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

Question # 10

State bank of Pakistan is run by

Question # 11

Demand deposite mean

Question # 12

Which is the sourceof interest for a bank

Question # 13

Which is considered liablility by a bank

Question # 14

If a person is more intrested to earn income he shud deposit his money in

Question # 15

Monetary pollicy has the objective

Question # 16

Demand depostis are.

Question # 17

Credit money is created by

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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 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
2 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
3 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
4 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
5 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
6 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
7 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
8 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
9 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
10 Which type of card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it

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