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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
Credit money is created by
Question # 2
Central banks rate of lending to commercial banks is called.
Question # 3
If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
Question # 4
Whcih type of card is not issued by commmercial banks
Question # 5
Banks discout it and advance loans.
Question # 6
Profit and losss sharing is basis of finance under this system.
Question # 7
The money called legal tender includes.
Question # 8
Balance sheet of a bank has two parts
Question # 9
Short term loans can be obtained in.
Question # 10
Which is a function of commercial bank
Question # 11
When a commercial bank creaes credite. Its immediate effect is tha tit raises.
Question # 12
Which type of cheque is least safe for transfer of money
Question # 13
Commercial banks accept deposits and provide
Question # 14
Demand deposite are
Question # 15
Every country establishes central bank to
Question # 16
Which is a monetary measure to increase employment.
Question # 17
10-Rupees note is issued by
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 -
G Gul 11 - Aug - 2021 03 Min 26 Sec 13/17
ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | State bank of Pakistan is run by |
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
|
| 2 | Demand deposite mean |
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
|
| 3 | Out following the only recognised legal tender is |
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
|
| 4 | It creates credit |
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
|
| 5 | Treasury bill is used for |
A. Getting short term loans by central bank
B. Getting long term loans
C. Collecting govt. taxes
D. Make payments of utility bills
|
| 6 | Which type of cheque is more safe for transfer of money |
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
|
| 7 | 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
|
| 8 | 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
|
| 9 | Commercial banks are able to create money by |
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
|
| 10 | The money called legal tender includes. |
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques
|
Test Questions
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