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

Which is considered liablility by a bank

Question # 2

Cash cannot be directly obtaines from a bank against

Question # 3

Demand deposite are

Question # 4

Which is a function of commercial bank

Question # 5

Commercial banks accept deposits and provide

Question # 6

10-Rupees note is issued by

Question # 7

Central banks rate of lending to commericalbanks is called.

Question # 8

The money called legal tender includes.

Question # 9

Treasury bill is used for

Question # 10

Commercial banks are able to create money by

Question # 11

If a person is more intrested to earn income he shud deposit his money in

Question # 12

Demand depostis are.

Question # 13

State bank was established in .

Question # 14

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

Question # 15

Every country establishes centralbank to

Question # 16

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

Question # 17

Monetary pollicy has the objective

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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 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
2 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
3 The money called legal tender includes.
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques
4 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
5 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
6 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
7 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
8 Which is a function of commercial bank
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
9 When a commercial bank creaes credite. Its immediate effect is tha tit raises.
A. The exchange rate
B. The money supply
C. The interest rate
D. The real national income
10 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit

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