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

Monetary pollicy has the objective

Question # 2

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

Question # 3

Bank Prepare their balace sheet.

Question # 4

Which type of card is not issued by central banks

Question # 5

State bank of Pakistan is run by

Question # 6

The following is not a bank liability.

Question # 7

Balance sheet of a bank has two parts

Question # 8

10-Rupees note is issued by

Question # 9

Whis is the most widely used tool of monetary policy

Question # 10

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

Question # 11

Which is a monetary measure to increase employment.

Question # 12

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

Question # 13

It is NOT an instrument of moneatry policy

Question # 14

Which is a function of commercial bank

Question # 15

Banks discout it and advance loans.

Question # 16

Cash cannot be directly obtaines from a bank against

Question # 17

Out following the only recognised legal tender is

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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 If a person is more intrested to earn income he shud deposit his money in
A. Demand deposits
B. Time deposit
C. Saving account
D. Profit loss account
2 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
3 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
4 When a commercial bank creaes credite. Its immediate effect is tha tit raises.
A. The exchange rate
B. The money supply
C. The interest rate
D. The real national income
5 Which type of card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
6 An asset is liquid when it is
A. Being traded frequnetly
B. Earning a good rate of return
C. Is money or easily converted into money
D. All of the above
7 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
8 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
9 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate
10 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit

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