ICS Part 2 Economics English Medium Chapter 3 Short Questions with Answers

Online Short Questions For Chapter 3 "ICS Part 2 Economics English Medium Chapter 3 Online Short Questions Test "

Try The Short Questions For ICS Part 2 Economics English Medium Chapter 3 Online Short Questions Test

  • Total Questions10

  • Available Sets2

Economics - ICS Part 2 Economics English Medium Chapter 3 Online Short Questions Test

Question # 1

Write functions of a commercial bank.

  • Ans 1: 1- Accepting depostis of the people 2- Advancing loans to needy people
  • Ans 2: 3- Discounting bills of exchange
    4- Transfer of money form one place to another.
  • Ans 3: 5- Performing agency services 6- Guardian of precious articles
  • Ans 4: 7- Direct investment
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Prepare Complete Set Wise Questions For Chapter 3 "ICS Part 2 Economics English Medium Chapter 3 Online Short Questions Test "

ICS Part 2 Economics English Medium Chapter 3 Online Short Questions Test - Set 1

Question # 1

Write functions of a commercial bank.

  • Ans 1: 1- Accepting depostis of the people 2- Advancing loans to needy people
  • Ans 2: 3- Discounting bills of exchange
    4- Transfer of money form one place to another.
  • Ans 3: 5- Performing agency services 6- Guardian of precious articles
  • Ans 4: 7- Direct investment
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ICS Part 2 Economics English Medium Chapter 3 Online Short Questions Test - Set 2

Question # 1

What is saving bank.

  • Ans 1: These are banks which receive savings of the people as deposits and pay higher intrest rate than the current interest rate.They do not advance loans to the people rather give the whole collected amount to governemnt. In Pakistan national savings centers and post offices are operating as saving banks.
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3rd Chapter

ICS Part 2 Economics Chapter 3 Test

Here you can prepare 12th Economics English Medium Chapter 3 Test. Click the button for 100% free full practice test.