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Online Tests
Icom Part 2 Principles of Economics Chapter 5 English Medium Online Test MCQs With Answers
Question # 1
Demand deposit are
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Money
Bank note
Legal Money
Considered to near money
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Question # 2
Commercial banks accept deposits and provide
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Money
Loans
Bill of exchange
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Question # 3
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 # 4
Credit money is controlled by
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Central bank
Market forces
Commercial Bank
Government
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Question # 5
Central banks rate of lending to commercial banks is called.
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Money rate
Control rate
Intrested rate
Discount rate
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Question # 6
Which is the sourceof interest for a bank
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Advances
Bills discounted
Investments
All
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Question # 7
State Bank policy of regulating intrst rate is called.
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Monetary policy
Commerical policy
Banking policy
Fiscal policy
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Question # 8
If you borrow from a bak the amount which the bank charges is called.
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Interest rate
tax rate
discount rate
Market rate
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Question # 9
The money called legal tender includes.
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Currency notes and credit cards
Currency notes and bank deposits
Currency notes and coins
Currency notes and cheques
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Question # 10
It creates credit
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Central Bank
Commercial Bank
Government
Stock exchange
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Question # 11
Cash cannot be directly obtaines from a bank against
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Cross cheque
Order cheque
bearer cheque
Traveller cheque
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