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

The following is not a bank liability.

Question # 2

The following is not a bank liability.

Question # 3

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

Question # 4

Whcih type of card is not issued by commmercial banks

Question # 5

Banks discout it and advance loans.

Question # 6

10-Rupees note is issued by

Question # 7

Credit money is created by

Question # 8

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

Question # 9

Treasury bill is used for

Question # 10

A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits

Question # 11

Credit money is created by

Question # 12

Credit money is controlled by

Question # 13

Which is a function of commercial bank

Question # 14

Out following the only recognised legal tender is

Question # 15

Demand depostis are.

Question # 16

Cash cannot be directly obtaines from a bank against

Question # 17

An asset is liquid when it is

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
  • Q
    Qazi Mohid 08 - Jun - 2026 05 Min 53 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

ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
2 Whis is the most widely used tool of monetary policy
A. Open market operation
B. Clearing house
C. Discount rate
D. Issuing of the note
3 Treasury bill is used for
A. Getting short term loans by central bank
B. Getting long term loans
C. Collecting govt. taxes
D. Make payments of utility bills
4 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
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 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
7 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
8 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
9 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
10 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government

Test Questions

Share your comments & questions here

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