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

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Question # 1

Cash cannot be directly obtaines from a bank against

Question # 2

Whcih type of card is not issued by commmercial banks

Question # 3

Which type of cheque is more safe for transfer of money

Question # 4

Central banks rate of lending to commercial banks is called.

Question # 5

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

Question # 6

State Bank policy of regulating intrst rate is called.

Question # 7

Which is considered liablility by a bank

Question # 8

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

Question # 9

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

Question # 10

Demand deposite mean

Question # 11

The money called legal tender includes.

Question # 12

Every country establishes central bank to

Question # 13

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

Question # 14

Bank Prepare their balace sheet.

Question # 15

Which is a monetary measure to increase employment.

Question # 16

It is NOT an instrument of moneatry policy

Question # 17

Whcih organisation controls the banking system to most countries.

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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 type of card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
2 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
3 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
4 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
5 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
6 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
7 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
8 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
9 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
10 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque

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