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 the sourceof interest for a bank

Question # 2

The following is not a bank liability.

Question # 3

Demand depostis are.

Question # 4

Which is considered liablility by a bank

Question # 5

Credit money is created by

Question # 6

State bank of Pakistan is run by

Question # 7

Whcih type of card is not issued by commmercial banks

Question # 8

10-Rupees note is issued by

Question # 9

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Question # 10

Which type of card is not issued by central banks

Question # 11

Which type of cheque is more safe for transfer of money

Question # 12

Demand deposite mean

Question # 13

Every country establishes central bank to

Question # 14

Monetary pollicy has the objective

Question # 15

It creates credit

Question # 16

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

Question # 17

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

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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 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
2 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
3 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
4 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
5 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
6 Balance sheet of a bank has two parts
A. Supply and demand for deposits
B. Supply and demand of Advances
C. Assests and liablilities
D. Cash Reserves and loans
7 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
8 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
9 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
10 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank

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