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

State bank was established in .

Question # 2

The following is not a bank liability.

Question # 3

Monetary pollicy has the objective

Question # 4

10-Rupees note is issued by

Question # 5

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

Question # 6

The following is not a bank liability.

Question # 7

Central banks rate of lending to commericalbanks is called.

Question # 8

Demand depostis are.

Question # 9

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

Question # 10

Every country establishes centralbank to

Question # 11

Which type of cheque is more safe for transfer of money

Question # 12

Which type of cheque is least safe for transfer of money

Question # 13

Whcih organisation controls the banking system to most countries.

Question # 14

Treasury bill is used for

Question # 15

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

Question # 16

State Bank policy of regulating intrst rate is called.

Question # 17

Short term loans can be obtained in.

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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 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
2 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
3 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
4 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
5 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
6 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
7 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
8 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
9 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
10 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

Test Questions

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