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

Which type of card is not issued by central banks

Question # 2

Which is a monetary measure to increase employment.

Question # 3

Demand deposite mean

Question # 4

State Bank policy of regulating intrst rate is called.

Question # 5

An asset is liquid when it is

Question # 6

Demand deposite are

Question # 7

Demand deposit are

Question # 8

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

Question # 9

Which type of cheque is more safe for transfer of money

Question # 10

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

Question # 11

Credit money is created by

Question # 12

Demand depostis are.

Question # 13

The following is not a bank liability.

Question # 14

The bank can give loans

Question # 15

Central banks rate of lending to commericalbanks is called.

Question # 16

Which is a function of commercial bank

Question # 17

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

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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 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
2 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
3 An asset is liquid when it is
A. Being traded frequnetly
B. Earning a good rate of return
C. Is money or easily converted into money
D. All of the above
4 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
5 Which is a function of commercial bank
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
6 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
7 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
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 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
10 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque

Test Questions