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

Whis is the most widely used tool of monetary policy

Question # 2

Which is the sourceof interest for a bank

Question # 3

An asset is liquid when it is

Question # 4

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

Question # 5

Which is considered liablility by a bank

Question # 6

Which type of card is not issued by central banks

Question # 7

Whcih type of card is not issued by commmercial banks

Question # 8

Credit money is created by

Question # 9

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

Question # 10

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

Question # 11

Out following the only recognised legal tender is

Question # 12

Demand deposite mean

Question # 13

Balance sheet of a bank has two parts

Question # 14

Which type of cheque is least safe for transfer of money

Question # 15

Whcih organisation controls the banking system to most countries.

Question # 16

Monetary pollicy has the objective

Question # 17

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

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
  • F
    Fiza 19 - Apr - 2021 03 Min 12 Sec 13/17
  • G
    Gul 11 - Aug - 2021 03 Min 26 Sec 13/17
  • S
    Sidra Khalid 11 - Apr - 2018 05 Min 12 Sec 13/17

ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
2 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
3 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
4 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
5 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
6 Which is a monetary measure to increase employment.
A. Increase in govt expenditure
B. Reduce govt expenditure
C. Increase in interest rate
D. Reducing intrest rate
7 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
8 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
9 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
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

Test Questions

Is this page helpful?