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 bank can give loans

Question # 2

Credit money is created by

Question # 3

Demand depostis are.

Question # 4

Cash cannot be directly obtaines from a bank against

Question # 5

Commercial banks are able to create money by

Question # 6

Demand deposit are

Question # 7

10-Rupees note is issued by

Question # 8

Which is considered liablility by a bank

Question # 9

Which type of card is not issued by central banks

Question # 10

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

Question # 11

Treasury bill is used for

Question # 12

Credit money is created by

Question # 13

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

Question # 14

State Bank policy of regulating intrst rate is called.

Question # 15

Every country establishes central bank to

Question # 16

Central banks rate of lending to commericalbanks is called.

Question # 17

Demand deposite mean

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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 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
2 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
3 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
4 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
5 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
6 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
7 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
8 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
9 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
10 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits

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