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

Short term loans can be obtained in.

Question # 3

Commercial banks accept deposits and provide

Question # 4

Whcih type of card is not issued by commmercial banks

Question # 5

Which is a monetary measure to increase employment.

Question # 6

Demand deposit are

Question # 7

The money called legal tender includes.

Question # 8

Every country establishes centralbank to

Question # 9

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

Question # 10

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

Question # 11

Central banks rate of lending to commericalbanks is called.

Question # 12

Credit money is created by

Question # 13

State Bank policy of regulating intrst rate is called.

Question # 14

Which is a function of commercial bank

Question # 15

Whcih organisation controls the banking system to most countries.

Question # 16

Which type of cheque is more safe for transfer of money

Question # 17

It is NOT an instrument of moneatry policy

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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 If a person is more intrested to earn income he shud deposit his money in
A. Demand deposits
B. Time deposit
C. Saving account
D. Profit loss account
2 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
3 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
4 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
5 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
6 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
7 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
8 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
9 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
10 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government

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