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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
Which is considered liablility by a bank
Question # 2
It creates credit
Question # 3
If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
Question # 4
Credit money is created by
Question # 5
Profit and losss sharing is basis of finance under this system.
Question # 6
Whcih organisation controls the banking system to most countries.
Question # 7
State bank of Pakistan is run by
Question # 8
Treasury bill is used for
Question # 9
If a person is more intrested to earn income he shud deposit his money in
Question # 10
If you borrow from a bak the amount which the bank charges is called.
Question # 11
An asset is liquid when it is
Question # 12
Central banks rate of lending to commericalbanks is called.
Question # 13
Banks discout it and advance loans.
Question # 14
Every country establishes centralbank to
Question # 15
Which type of cheque is least safe for transfer of money
Question # 16
The following is not a bank liability.
Question # 17
The following is not a bank liability.
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 -
Q Qazi Mohid 08 - Jun - 2026 05 Min 53 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
ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Out following the only recognised legal tender is |
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
|
| 2 | Cash cannot be directly obtaines from a bank against |
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
|
| 3 | Bank Prepare their balace sheet. |
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
|
| 4 | The following is not a bank liability. |
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
|
| 5 | 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
|
| 6 | 10-Rupees note is issued by |
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
|
| 7 | Credit money is created by |
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
|
| 8 | Credit money is controlled by |
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
|
| 9 | If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in. |
A. Demand deposits
B. Tiem deposit
C. Saving account
D. Profit loss account
|
| 10 | Which is considered liablility by a bank |
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
|
Test Questions
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