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

Which is a monetary measure to increase employment.

Question # 2

Commercial banks accept deposits and provide

Question # 3

State bank was established in .

Question # 4

Balance sheet of a bank has two parts

Question # 5

Monetary pollicy has the objective

Question # 6

Which is a function of commercial bank

Question # 7

Cash cannot be directly obtaines from a bank against

Question # 8

Commercial banks are able to create money by

Question # 9

Bank Prepare their balace sheet.

Question # 10

The money called legal tender includes.

Question # 11

Short term loans can be obtained in.

Question # 12

The bank can give loans

Question # 13

Which is the sourceof interest for a bank

Question # 14

Demand deposite mean

Question # 15

Treasury bill is used for

Question # 16

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

Question # 17

Which type of cheque is more safe for transfer of money

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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 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
2 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
3 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
4 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
5 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
6 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
7 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
8 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
9 Whis is the most widely used tool of monetary policy
A. Open market operation
B. Clearing house
C. Discount rate
D. Issuing of the note
10 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities

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