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Online Tests
Icom Part 2 Principles of Economics Chapter 5 English Medium Online Test MCQs With Answers
Question # 1
Which is considered liablility by a bank
Choose an answer
Loans
Bank building and equipment
Time deposit
Securities
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Question # 2
If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
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Demand deposits
Tiem deposit
Saving account
Profit loss account
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Question # 3
Bank Prepare their balace sheet.
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Weekly
Monthly
Quarterly
Annualy
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Question # 4
Which is the sourceof interest for a bank
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Advances
Bills discounted
Investments
All
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Question # 5
Commercial banks accept deposits and provide
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Money
Loans
Bill of exchange
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Question # 6
10-Rupees note is issued by
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National Bank
State Bank
Govt. of Pakistan
Governer State bank
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Question # 7
Demand deposite are
Choose an answer
Bank notes
Money
Considered as ner money
Legal money
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Question # 8
Demand depostis are.
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Money
Banks notes
Legal money
Considerd and near money
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Question # 9
Credit money is controlled by
Choose an answer
Central bank
Market forces
Commercial Bank
Government
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Question # 10
Profit and losss sharing is basis of finance under this system.
Choose an answer
Islamic
Capitalistic
Socialistic
None
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