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

The following is not a bank liability.

Question # 2

Which type of cheque is least safe for transfer of money

Question # 3

Central banks rate of lending to commercial banks is called.

Question # 4

The money called legal tender includes.

Question # 5

Demand deposite mean

Question # 6

Every country establishes central bank to

Question # 7

Which is a monetary measure to increase employment.

Question # 8

An asset is liquid when it is

Question # 9

Central banks rate of lending to commericalbanks is called.

Question # 10

Whcih organisation controls the banking system to most countries.

Question # 11

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

Question # 12

Credit money is created by

Question # 13

State bank was established in .

Question # 14

10-Rupees note is issued by

Question # 15

Every country establishes centralbank to

Question # 16

Whcih type of card is not issued by commmercial banks

Question # 17

Which type of cheque is more safe for transfer of money

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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 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
2 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
3 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
4 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
5 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
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 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
8 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
9 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
10 Which is a monetary measure to increase employment.
A. Increase in govt expenditure
B. Reduce govt expenditure
C. Increase in interest rate
D. Reducing intrest rate

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