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

10-Rupees note is issued by

Question # 2

Credit money is controlled by

Question # 3

The following is not a bank liability.

Question # 4

Commercial banks accept deposits and provide

Question # 5

Demand depostis are.

Question # 6

Central banks rate of lending to commericalbanks is called.

Question # 7

Which is considered liablility by a bank

Question # 8

Demand deposite are

Question # 9

Which type of cheque is more safe for transfer of money

Question # 10

Treasury bill is used for

Question # 11

Banks discout it and advance loans.

Question # 12

An asset is liquid when it is

Question # 13

The bank can give loans

Question # 14

Which is a function of commercial bank

Question # 15

Short term loans can be obtained in.

Question # 16

Demand deposit are

Question # 17

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

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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 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
2 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
3 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
4 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
5 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
6 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
7 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
8 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
9 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
10 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque

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