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 of Pakistan is run by

Question # 2

State Bank policy of regulating intrst rate is called.

Question # 3

An asset is liquid when it is

Question # 4

Bank Prepare their balace sheet.

Question # 5

Credit money is created by

Question # 6

Whis is the most widely used tool of monetary policy

Question # 7

Commercial banks accept deposits and provide

Question # 8

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Question # 9

Credit money is created by

Question # 10

Monetary pollicy has the objective

Question # 11

Whcih organisation controls the banking system to most countries.

Question # 12

Short term loans can be obtained in.

Question # 13

The bank can give loans

Question # 14

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

Question # 15

Whcih type of card is not issued by commmercial banks

Question # 16

Acting as lender of last resort a cenral bank lend to.

Question # 17

It is NOT an instrument of moneatry policy

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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 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
2 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
3 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
4 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
5 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
6 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
7 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
8 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
9 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
10 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above

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