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ICS Part 2 Economics English Medium Chapter 5 Test
Start Chapter 5 TestICS Part 2 Economics English Medium Chapter Wise MCQ's Test
MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test"
Try The 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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Time Allowed20
ICS Part 2 Economics English Medium Chapter 5 Online Test
00:00
Question # 1
Every country establishes central bank to
Question # 2
Credit money is controlled by
Question # 3
The following is not a bank liability.
Question # 4
Which is the sourceof interest for a bank
Question # 5
A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits
Question # 6
Monetary pollicy has the objective
Question # 7
If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
Question # 8
Banks discout it and advance loans.
Question # 9
Central banks rate of lending to commercial banks is called.
Question # 10
State bank of Pakistan is run by
Question # 11
If you borrow from a bak the amount which the bank charges is called.
Question # 12
Whcih type of card is not issued by commmercial banks
Question # 13
Which type of cheque is more safe for transfer of money
Question # 14
When a commercial bank creaes credite. Its immediate effect is tha tit raises.
Question # 15
Which is a function of commercial bank
Question # 16
Credit money is created by
Question # 17
The money called legal tender includes.
ICS Part 2 Economics English Medium Chapter 5 Test
Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQ`s Test
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J Jasdeep Partal 14 - Dec - 2021 01 Min 39 Sec 17/17 -
K Kazim 29 - Dec - 2017 02 Min 13 Sec 17/17 -
I Ibrahim Malik 21 - Jul - 2022 02 Min 03 Sec 16/17 -
S Shaista zarin 26 - Jan - 2018 02 Min 17 Sec 16/17 -
M Muhammad umer 08 - Aug - 2018 03 Min 43 Sec 15/17 -
R romana 16 - Dec - 2020 04 Min 09 Sec 15/17 -
M Maheen 24 - Feb - 2021 02 Min 27 Sec 14/17 -
S summayia 22 - Jan - 2018 03 Min 24 Sec 14/17 -
M M.Attiq-U-Rehman 26 - Nov - 2023 03 Min 27 Sec 14/17 -
A Ali Hassan 17 - Sep - 2022 03 Min 51 Sec 14/17 -
S Shahid 23 - Aug - 2018 04 Min 11 Sec 14/17 -
H Humaira 24 - Jan - 2018 05 Min 02 Sec 14/17 -
F Fiza 19 - Apr - 2021 03 Min 12 Sec 13/17 -
G Gul 11 - Aug - 2021 03 Min 26 Sec 13/17 -
S Sidra Khalid 11 - Apr - 2018 05 Min 12 Sec 13/17
ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Which is considered liablility by a bank |
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
|
| 2 | Commercial banks accept deposits and provide |
A. Money
B. Loans
C. Bill of exchange
|
| 3 | Which is the sourceof interest for a bank |
A. Advances
B. Bills discounted
C. Investments
D. All
|
| 4 | Profit and losss sharing is basis of finance under this system. |
A. Islamic
B. Capitalistic
C. Socialistic
D. None
|
| 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 | Which type of card is not issued by central banks |
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
|
| 7 | A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits |
A. 0
B. 5 m
C. 10 m
D. 25 m
|
| 8 | 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
|
| 9 | Bank Prepare their balace sheet. |
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
|
| 10 | Banks discout it and advance loans. |
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
|
Test Questions
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