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

Central banks rate of lending to commercial banks is called.

Question # 2

10-Rupees note is issued by

Question # 3

Which type of card is not issued by central banks

Question # 4

Demand deposite mean

Question # 5

An asset is liquid when it is

Question # 6

Credit money is controlled by

Question # 7

State Bank policy of regulating intrst rate is called.

Question # 8

State bank was established in .

Question # 9

Banks discout it and advance loans.

Question # 10

Every country establishes central bank to

Question # 11

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

Question # 12

State bank of Pakistan is run by

Question # 13

The bank can give loans

Question # 14

The money called legal tender includes.

Question # 15

The following is not a bank liability.

Question # 16

Bank Prepare their balace sheet.

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 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
2 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
3 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
4 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
5 The money called legal tender includes.
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques
6 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
7 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
8 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
9 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
10 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above

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