5th Chapter

ICS Part 2 Economics English Medium Chapter 5 Test

2nd Year Economics Chapter 5 Online MCQ Test for 12th Class Economics Chapter 5 (Banks)

ICS Part 2 Economics English Medium Chapter 5 Test

Start Chapter 5 Test

2nd Year Economics Chapter 5 Online MCQ Test for 12th Class Economics Chapter 5 (Banks)

Sr. # Questions Answers Choice
1 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
2 Whcih type of card is not issued by commmercial banks
  • A. Credit card
  • B. Green card
  • C. ATM Card
  • D. Debit card
3 If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
  • A. Demand deposits
  • B. Tiem deposit
  • C. Saving account
  • D. Profit loss account
4 Which is a function of commercial bank
  • A. Acting as a govt. banker
  • B. Fixing the exchange rate
  • C. Making loans
  • D. Issueing bank notes
5 State Bank policy of regulating intrst rate is called.
  • A. Monetary policy
  • B. Commerical policy
  • C. Banking policy
  • D. Fiscal policy
6 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
7 Which is the sourceof interest for a bank
  • A. Advances
  • B. Bills discounted
  • C. Investments
  • D. All
8 The following is not a bank liability.
  • A. Demand deposit
  • B. Time deposit
  • C. Loan
  • D. Saving Deposit
9 Banks discout it and advance loans.
  • A. Draft
  • B. Bill of exchange
  • C. Pay Order
  • D. Gold
10 Which type of cheque is more safe for transfer of money
  • A. Cross cheque
  • B. Order cheque
  • C. Traveller cheque
  • D. Bearer cheque

Top Scorers of ICS Part 2 Economics English Medium Chapter 5 Online Test

M

Muhammad Hassan

Lahore29 - Apr - 2025

16/17
03 Mins 09 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

15/17
01 Mins 39 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

14/17
02 Mins 27 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

14/17
05 Mins 58 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

13/17
02 Mins 13 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

13/17
03 Mins 30 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

12/17
02 Mins 26 Sec
I

Irshad Hussain

Lahore20 - Apr - 2025

10/17
03 Mins 23 Sec

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