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

Demand deposit are

Question # 2

Which type of card is not issued by central banks

Question # 3

Central banks rate of lending to commericalbanks is called.

Question # 4

The following is not a bank liability.

Question # 5

Whcih organisation controls the banking system to most countries.

Question # 6

Which is considered liablility by a bank

Question # 7

Demand deposite mean

Question # 8

Every country establishes centralbank to

Question # 9

Cash cannot be directly obtaines from a bank against

Question # 10

Every country establishes central bank to

Question # 11

Credit money is controlled by

Question # 12

State Bank policy of regulating intrst rate is called.

Question # 13

It is NOT an instrument of moneatry policy

Question # 14

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

Question # 15

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

Question # 16

Which is the sourceof interest for a bank

Question # 17

Balance sheet of a bank has two parts

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5th Chapter

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 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
2 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
3 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
4 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
5 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
6 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
7 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
8 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
9 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
10 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange

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