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5th Chapter

12th Economics Chapter 5 Test

Here you can prepare 12th Economics English Medium Chapter 5 Banks Test. Click the button for 100% free full practice test.

2nd Year Economics Chapter 5 Online MCQ Test for 12th Class Economics Chapter 5 (Banks)

This online test contains MCQs about following topics:

. Kinds of banks, Commercial banks and their functions credit creation, Definition of interest, Interest free banking in Pakistan, Case study of Malaysia and Saudi Arabia, Importance of banks.

ICS Part 2 Economics Ch. 5 Test
ic

2nd Year Economics Chapter 5 Online MCQ Test for 12th Class Economics Chapter 5 (Banks)

Sr. # Questions Answers Choice
1 The following is not a bank liability.
  • A. Demand Deposit
  • B. Time deposit
  • C. Loans
  • D. Saving Deposit
2 Which is the sourceof interest for a bank
  • A. Advances
  • B. Bills discounted
  • C. Investments
  • D. All
3 Cash cannot be directly obtaines from a bank against
  • A. Cross cheque
  • B. Order cheque
  • C. bearer cheque
  • D. Traveller cheque
4 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
5 Commercial banks accept deposits and provide
  • A. Money
  • B. Loans
  • C. Bill of exchange
6 Demand deposite are
  • A. Bank notes
  • B. Money
  • C. Considered as ner money
  • D. Legal money
7 Demand deposite mean
  • A. Saving account
  • B. Chequeable deposits
  • C. Profit loss account
  • D. Time deposits
8 Profit and losss sharing is basis of finance under this system.
  • A. Islamic
  • B. Capitalistic
  • C. Socialistic
  • D. None
9 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
10 Monetary pollicy has the objective
  • A. Decrease unemployment rate
  • B. Decrease tax rate
  • C. Decreases inflation rate
  • D. a and c of the above

Chapterwise Lists

Chapter Name Questions PDF File
Economics Ics Part 2 English Medium Chapter 1 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 2 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 3 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 4 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 4 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
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Icom Part 2 Principles of Economics Chapter 7 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 8 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 9 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 9 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 10 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 10 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 12 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 13 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 13 English Medium Online Test 10 Questions

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