12th Class Principles of Economics Chapter 13 Test

12th class I.Com Part 2 Principles of Economics chapter 13 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 13 Test

Start Chapter 13 Test

I.Com Part 2 Principles of Economics Chapter Wise Test
(English Medium)

12th class I.Com Part 2 Principles of Economics chapter 13 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 Central Bank rate lending to commercial banks is called.
  • A. Discount rate
  • B. Money rate
  • C. Control Rate
  • D. Interest rate
2 Discount rae of state Bank of a Pakistan is
  • A. Less than 5%
  • B. More than 5% but not more than 15%
  • C. More than 15% but not more than 25%
  • D. More than 25%
3 Out of the following the only reconised legal lender is.
  • A. Bank notes
  • B. Cheque
  • C. Draft
  • D. Credite card
4 Pakistan has a bankng system.
  • A. Developed
  • B. Underdeveloped
  • C. Very unognsed
  • D. Inefficient
5 It is NOT an instrument of monetary policy
  • A. Bank rate
  • B. Open market operations
  • C. Change in resere rato
  • D. Issure notes
6 Whenthe state bank wants be decrease money supply in the country it.
  • A. Buys govt securities is stock market
  • B. Sells govt securities
  • C. Lowers siscount rate
  • D. B and C
7 Commercial bank in Pakistan are supervised by
  • A. State Bank
  • B. National Bank
  • C. Finance Minister
  • D. World Bank
8 Total number of branches of Pakistani banks is approximately
  • A. 5000
  • B. 10000
  • C. 15000
  • D. 20000
9 National Bank is.
  • A. Public Sector bank
  • B. Private Bank
  • C. Microfianace bank
  • D. Specialised bank
10 Open Market Operations is
  • A. Buying and selling govt securities
  • B. Buying and selling shares of companies
  • C. Buying and selling bills of exchange
  • D. Buying and selling foreign exchange

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