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

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

Question # 2

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

Question # 3

Balance sheet of a bank has two parts

Question # 4

Which type of cheque is least safe for transfer of money

Question # 5

Which type of card is not issued by central banks

Question # 6

Monetary pollicy has the objective

Question # 7

Central banks rate of lending to commericalbanks is called.

Question # 8

Credit money is controlled by

Question # 9

Bank Prepare their balace sheet.

Question # 10

Which is the sourceof interest for a bank

Question # 11

Demand deposite are

Question # 12

Which is a monetary measure to increase employment.

Question # 13

It is NOT an instrument of moneatry policy

Question # 14

Every country establishes centralbank to

Question # 15

Demand depostis are.

Question # 16

State bank of Pakistan is run by

Question # 17

It creates credit

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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 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
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 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
4 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
5 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
6 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
7 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
8 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
9 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
10 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers

Test Questions