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

Whcih type of card is not issued by commmercial banks

Question # 2

Credit money is created by

Question # 3

Which type of card is not issued by central banks

Question # 4

State bank of Pakistan is run by

Question # 5

Every country establishes central bank to

Question # 6

A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.

Question # 7

Cash cannot be directly obtaines from a bank against

Question # 8

An asset is liquid when it is

Question # 9

Commercial banks are able to create money by

Question # 10

Short term loans can be obtained in.

Question # 11

Which type of cheque is least safe for transfer of money

Question # 12

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

Question # 13

10-Rupees note is issued by

Question # 14

Whcih organisation controls the banking system to most countries.

Question # 15

Which is considered liablility by a bank

Question # 16

Banks discout it and advance loans.

Question # 17

Every country establishes centralbank to

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
  • M
    Masooma Zainab 14 - Sep - 2026 03 Min 15 Sec 13/17

ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
2 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
3 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
4 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
5 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
6 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
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 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
9 If a person is more intrested to earn income he shud deposit his money in
A. Demand deposits
B. Time deposit
C. Saving account
D. Profit loss account
10 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

Test Questions