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

Demand deposite are

Question # 2

Which is a monetary measure to increase employment.

Question # 3

Treasury bill is used for

Question # 4

A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits

Question # 5

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

Question # 6

Every country establishes centralbank to

Question # 7

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

Question # 8

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

Question # 9

Commercial banks accept deposits and provide

Question # 10

Credit money is created by

Question # 11

Central banks rate of lending to commericalbanks is called.

Question # 12

Out following the only recognised legal tender is

Question # 13

Whcih organisation controls the banking system to most countries.

Question # 14

Which is considered liablility by a bank

Question # 15

The following is not a bank liability.

Question # 16

Acting as lender of last resort a cenral bank lend to.

Question # 17

Which is a function of commercial bank

Prepare Complete Set Wise Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQs Online With Answers


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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 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
2 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
3 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
4 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
5 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
6 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
7 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
8 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
9 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
10 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above

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