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

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Question # 1

Demand depostis are.

Question # 2

Demand deposite are

Question # 3

Treasury bill is used for

Question # 4

Every country establishes central bank to

Question # 5

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

Question # 6

Which type of cheque is least safe for transfer of money

Question # 7

It creates credit

Question # 8

Whcih organisation controls the banking system to most countries.

Question # 9

Whcih type of card is not issued by commmercial banks

Question # 10

Cash cannot be directly obtaines from a bank against

Question # 11

The following is not a bank liability.

Question # 12

Balance sheet of a bank has two parts

Question # 13

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

Question # 14

The money called legal tender includes.

Question # 15

State bank of Pakistan is run by

Question # 16

Whis is the most widely used tool of monetary policy

Question # 17

Credit money is created by

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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 An asset is liquid when it is
A. Being traded frequnetly
B. Earning a good rate of return
C. Is money or easily converted into money
D. All of the above
2 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
3 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
4 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate
5 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
6 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
7 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
8 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
9 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
10 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above

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