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

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Question # 1

The following is not a bank liability.

Question # 2

Whis is the most widely used tool of monetary policy

Question # 3

Demand depostis are.

Question # 4

If you borrow from a bak the amount which the bank charges is called.

Question # 5

Which is considered liablility by a bank

Question # 6

Which type of card is not issued by central banks

Question # 7

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

Question # 8

Which is a function of commercial bank

Question # 9

The following is not a bank liability.

Question # 10

Balance sheet of a bank has two parts

Question # 11

State bank of Pakistan is run by

Question # 12

Whcih type of card is not issued by commmercial banks

Question # 13

Central banks rate of lending to commericalbanks is called.

Question # 14

Commercial banks are able to create money by

Question # 15

Demand deposite are

Question # 16

Monetary pollicy has the objective

Question # 17

Bank Prepare their balace sheet.

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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 card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
2 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
3 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
4 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
5 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
6 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
7 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
8 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
9 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
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

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