2nd Year Economics Chapter 5 Online MCQ Test for 12th Class Economics Chapter 5 (Banks)

ICS Part 2 Economics English Medium Chapter 5 Test

Start Chapter 5 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"

  • Total Questions17

  • Time Allowed20

ICS Part 2 Economics English Medium Chapter 5 Online Test

00:00
Question # 1

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

Question # 2

Which type of cheque is least safe for transfer of money

Question # 3

Commercial banks are able to create money by

Question # 4

10-Rupees note is issued by

Question # 5

An asset is liquid when it is

Question # 6

Out following the only recognised legal tender is

Question # 7

Whcih type of card is not issued by commmercial banks

Question # 8

Every country establishes central bank to

Question # 9

Monetary pollicy has the objective

Question # 10

Which is a function of commercial bank

Question # 11

Demand deposite mean

Question # 12

Which is considered liablility by a bank

Question # 13

Profit and losss sharing is basis of finance under this system.

Question # 14

Whis is the most widely used tool of monetary policy

Question # 15

Demand deposite are

Question # 16

Every country establishes centralbank to

Question # 17

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

Prepare Complete Set Wise Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQs Online With Answers


Topic Test

00:00
5th Chapter

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

  • 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
  • F
    Fiza 19 - Apr - 2021 03 Min 12 Sec 13/17
  • G
    Gul 11 - Aug - 2021 03 Min 26 Sec 13/17
  • S
    Sidra Khalid 11 - Apr - 2018 05 Min 12 Sec 13/17

ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
2 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate
3 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
4 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
5 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
6 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
7 When a commercial bank creaes credite. Its immediate effect is tha tit raises.
A. The exchange rate
B. The money supply
C. The interest rate
D. The real national income
8 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
9 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
10 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits

Test Questions

Is this page helpful?

Share your comments & questions here

Guest
  • No comments yet. Be the first to comment!