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

Treasury bill is used for

Question # 2

Every country establishes centralbank to

Question # 3

The bank can give loans

Question # 4

Every country establishes central bank to

Question # 5

Central banks rate of lending to commercial banks is called.

Question # 6

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

Question # 7

Whcih type of card is not issued by commmercial banks

Question # 8

An asset is liquid when it is

Question # 9

Which type of cheque is more safe for transfer of money

Question # 10

Bank Prepare their balace sheet.

Question # 11

State bank was established in .

Question # 12

Which type of cheque is least safe for transfer of money

Question # 13

Demand deposite mean

Question # 14

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

Question # 15

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Question # 16

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

Question # 17

The following is not a bank liability.

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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 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
2 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
3 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
4 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
5 A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits
A. 0
B. 5 m
C. 10 m
D. 25 m
6 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
7 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
8 Balance sheet of a bank has two parts
A. Supply and demand for deposits
B. Supply and demand of Advances
C. Assests and liablilities
D. Cash Reserves and loans
9 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
10 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card

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