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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  • Total Questions17

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ICS Part 2 Economics English Medium Chapter 5 Online Test

00:00
Question # 1

Central banks rate of lending to commercial banks is called.

Question # 2

Which is the sourceof interest for a bank

Question # 3

Commercial banks are able to create money by

Question # 4

State bank of Pakistan is run by

Question # 5

10-Rupees note is issued by

Question # 6

Which type of card is not issued by central banks

Question # 7

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

Question # 8

Balance sheet of a bank has two parts

Question # 9

Which type of cheque is more safe for transfer of money

Question # 10

Credit money is created by

Question # 11

Bank Prepare their balace sheet.

Question # 12

Whcih type of card is not issued by commmercial banks

Question # 13

Short term loans can be obtained in.

Question # 14

State bank was established in .

Question # 15

Out following the only recognised legal tender is

Question # 16

The money called legal tender includes.

Question # 17

Which is a function of commercial bank

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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 The money called legal tender includes.
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques
3 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
4 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
5 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
6 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
7 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
8 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
9 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
10 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954

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