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

The money called legal tender includes.

Question # 2

Which type of card is not issued by central banks

Question # 3

The bank can give loans

Question # 4

Demand deposite mean

Question # 5

Central banks rate of lending to commericalbanks is called.

Question # 6

If you borrow from a bak the amount which the bank charges is called.

Question # 7

Demand depostis are.

Question # 8

Bank Prepare their balace sheet.

Question # 9

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

Question # 10

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

Question # 11

Which is the sourceof interest for a bank

Question # 12

Banks discout it and advance loans.

Question # 13

Whcih organisation controls the banking system to most countries.

Question # 14

Credit money is created by

Question # 15

State bank of Pakistan is run by

Question # 16

Every country establishes centralbank to

Question # 17

If a person is more intrested to earn income he shud deposit his money in

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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 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
2 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
3 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
4 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
5 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
6 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
7 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
8 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
9 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
10 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card

Test Questions

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