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ICS Part 2 Economics English Medium Chapter 5 Test
Start Chapter 5 TestICS Part 2 Economics English Medium Chapter Wise MCQ's 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"
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Total Questions17
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Time Allowed20
ICS Part 2 Economics English Medium Chapter 5 Online Test
00:00
Question # 1
When a commercial bank creaes credite. Its immediate effect is tha tit raises.
Question # 2
Which type of cheque is least safe for transfer of money
Question # 3
Monetary pollicy has the objective
Question # 4
Which is considered liablility by a bank
Question # 5
Whcih organisation controls the banking system to most countries.
Question # 6
Commercial banks are able to create money by
Question # 7
Profit and losss sharing is basis of finance under this system.
Question # 8
If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
Question # 9
The following is not a bank liability.
Question # 10
The money called legal tender includes.
Question # 11
Credit money is controlled by
Question # 12
Which type of cheque is more safe for transfer of money
Question # 13
If you borrow from a bak the amount which the bank charges is called.
Question # 14
State bank of Pakistan is run by
Question # 15
Which is the sourceof interest for a bank
Question # 16
Credit money is created by
Question # 17
It is NOT an instrument of moneatry policy
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
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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 | The following is not a bank liability. |
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
|
| 2 | Which type of cheque is more safe for transfer of money |
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
|
| 3 | A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits |
A. 0
B. 5 m
C. 10 m
D. 25 m
|
| 4 | It creates credit |
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
|
| 5 | The bank can give loans |
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
|
| 6 | Central banks rate of lending to commericalbanks is called. |
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
|
| 7 | If a person is more intrested to earn income he shud deposit his money in |
A. Demand deposits
B. Time deposit
C. Saving account
D. Profit loss account
|
| 8 | 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
|
| 9 | Whcih organisation controls the banking system to most countries. |
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
|
| 10 | State bank of Pakistan is run by |
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
|
Test Questions