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 the sourceof interest for a bank

Question # 2

Balance sheet of a bank has two parts

Question # 3

State bank was established in .

Question # 4

Which type of cheque is more safe for transfer of money

Question # 5

Which type of card is not issued by central banks

Question # 6

10-Rupees note is issued by

Question # 7

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

Question # 8

Treasury bill is used for

Question # 9

It is NOT an instrument of moneatry policy

Question # 10

The following is not a bank liability.

Question # 11

Central banks rate of lending to commercial banks is called.

Question # 12

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

Question # 13

Bank Prepare their balace sheet.

Question # 14

Whis is the most widely used tool of monetary policy

Question # 15

The money called legal tender includes.

Question # 16

An asset is liquid when it is

Question # 17

Credit money is created by

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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 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
2 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
3 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
4 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
5 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
6 Which is a monetary measure to increase employment.
A. Increase in govt expenditure
B. Reduce govt expenditure
C. Increase in interest rate
D. Reducing intrest rate
7 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
8 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
9 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
10 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank

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