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

Short term loans can be obtained in.

Question # 2

Commercial banks accept deposits and provide

Question # 3

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

Question # 4

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

Question # 5

Demand deposite mean

Question # 6

Which type of cheque is least safe for transfer of money

Question # 7

The bank can give loans

Question # 8

The following is not a bank liability.

Question # 9

Whis is the most widely used tool of monetary policy

Question # 10

Demand deposit are

Question # 11

Credit money is created by

Question # 12

Which is a monetary measure to increase employment.

Question # 13

State bank was established in .

Question # 14

It creates credit

Question # 15

Central banks rate of lending to commercial banks is called.

Question # 16

State bank of Pakistan is run by

Question # 17

Which type of card is not issued by central banks

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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 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
2 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
3 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
4 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
5 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
6 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
7 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
8 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
9 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
10 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

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