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

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

Question # 2

Central banks rate of lending to commercial banks is called.

Question # 3

It is NOT an instrument of moneatry policy

Question # 4

Treasury bill is used for

Question # 5

Monetary pollicy has the objective

Question # 6

It creates credit

Question # 7

Whis is the most widely used tool of monetary policy

Question # 8

Every country establishes central bank to

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

Out following the only recognised legal tender is

Question # 11

Short term loans can be obtained in.

Question # 12

State bank of Pakistan is run by

Question # 13

Every country establishes centralbank to

Question # 14

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

Question # 15

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

Question # 16

Demand deposite are

Question # 17

Central banks rate of lending to commericalbanks is called.

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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 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
2 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
3 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
4 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
5 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
6 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
7 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
8 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
9 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
10 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank

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