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

Which type of cheque is least safe for transfer of money

Question # 3

Every country establishes centralbank to

Question # 4

Monetary pollicy has the objective

Question # 5

Every country establishes central bank to

Question # 6

The following is not a bank liability.

Question # 7

Credit money is created by

Question # 8

Treasury bill is used for

Question # 9

Credit money is created by

Question # 10

Whcih type of card is not issued by commmercial banks

Question # 11

Demand deposite are

Question # 12

The following is not a bank liability.

Question # 13

Which is a function of commercial bank

Question # 14

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

Question # 15

Demand depostis are.

Question # 16

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

Question # 17

If you borrow from a bak the amount which the bank charges 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 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
2 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
3 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
4 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
5 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
6 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
7 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
8 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
9 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
10 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above

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