5th Chapter

ICS Part 2 Economics English Medium Chapter 5 Test

2nd Year Economics Chapter 5 Online MCQ Test for 12th Class Economics Chapter 5 (Banks)

ICS Part 2 Economics English Medium Chapter 5 Test

Start Chapter 5 Test

2nd Year Economics Chapter 5 Online MCQ Test for 12th Class Economics Chapter 5 (Banks)

Sr. # Questions Answers Choice
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 Commercial banks are able to create money by
  • A. Making loans
  • B. Printing Money
  • C. Moral suasion Selling government loans
  • D. Printing money
3 10-Rupees note is issued by
  • A. National Bank
  • B. State Bank
  • C. Govt. of Pakistan
  • D. Governer State bank
4 Profit and losss sharing is basis of finance under this system.
  • A. Islamic
  • B. Capitalistic
  • C. Socialistic
  • D. None
5 Bank Prepare their balace sheet.
  • A. Weekly
  • B. Monthly
  • C. Quarterly
  • D. Annualy
6 Which type of cheque is more safe for transfer of money
  • A. Cross cheque
  • B. Order cheque
  • C. Traveller cheque
  • D. Bearer cheque
7 Demand deposit are
  • A. Money
  • B. Bank note
  • C. Legal Money
  • D. Considered to near money
8 Central banks rate of lending to commercial banks is called.
  • A. Money rate
  • B. Control rate
  • C. Intrested rate
  • D. Discount rate
9 The following is not a bank liability.
  • A. Demand Deposit
  • B. Time deposit
  • C. Loans
  • D. Saving Deposit
10 Which is considered liablility by a bank
  • A. Loans
  • B. Bank building and equipment
  • C. Time deposit
  • D. Securities

Top Scorers of ICS Part 2 Economics English Medium Chapter 5 Online Test

T

Tomboy Tomboy

Lahore09 - Apr - 2025

17/17
01 Mins 59 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

16/17
03 Mins 09 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

15/17
01 Mins 39 Sec
T

Tomboy Tomboy

Lahore09 - Apr - 2025

15/17
02 Mins 27 Sec
T

Tomboy Tomboy

Lahore09 - Apr - 2025

15/17
02 Mins 36 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

14/17
02 Mins 27 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

14/17
05 Mins 58 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

13/17
02 Mins 13 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

13/17
03 Mins 30 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

12/17
02 Mins 26 Sec
I

Irshad Hussain

Lahore20 - Apr - 2025

10/17
03 Mins 23 Sec

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