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

Whcih type of card is not issued by commmercial banks

Question # 2

Which is a function of commercial bank

Question # 3

Demand deposite are

Question # 4

Central banks rate of lending to commericalbanks is called.

Question # 5

Which is the sourceof interest for a bank

Question # 6

Treasury bill is used for

Question # 7

State Bank policy of regulating intrst rate is called.

Question # 8

The bank can give loans

Question # 9

The following is not a bank liability.

Question # 10

Which type of cheque is more safe for transfer of money

Question # 11

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

Question # 12

Banks discout it and advance loans.

Question # 13

Balance sheet of a bank has two parts

Question # 14

State bank of Pakistan is run by

Question # 15

Out following the only recognised legal tender is

Question # 16

Which is a monetary measure to increase employment.

Question # 17

Cash cannot be directly obtaines from a bank against

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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 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
2 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
3 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
4 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
5 Whis is the most widely used tool of monetary policy
A. Open market operation
B. Clearing house
C. Discount rate
D. Issuing of the note
6 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
7 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
8 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
9 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
10 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card

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