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12th Class Principles of Economics Chapter 5 Test

12th class I.Com Part 2 Principles of Economics chapter 5 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 5 Test

Start Chapter 5 Test

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

12th class I.Com Part 2 Principles of Economics chapter 5 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 Demand deposits are
  • A. Bank notes
  • B. Money
  • C. Considered as near money
  • D. Legal money
2 The banks can given loans
  • A. unlimited
  • B. equal to deposits
  • C. Less then deposite
  • D. More then deposite
3 Profit and loss- sharing is and element of this system
  • A. Islamic
  • B. Capitalistic
  • C. Socialistic
  • D. None
4 Cash cannot be obtained from a bank against
  • A. Cross cheque
  • B. Order cheque
  • C. Bearer cheque
  • D. Traveller cheque
5 Commercial banks are able to create money by
  • A. Printing money
  • B. Making loans
  • C. Moral suasion
  • D. Selling government bonds
6 A bank has Rs. 5 million in cash. The minimum reserve ration is 20%. What is maximum potential increase in total deposits
  • A. 0
  • B. 5 m
  • C. 10 m
  • D. 25 m
7 When a commercial bank creates credit, it immediately raises
  • A. Its assets
  • B. Its liabilities
  • C. Money supply
  • D. Real national income
8 When a commercial bank creates credit. it immediately raises
  • A. its assets
  • B. Its labilities
  • C. Money supply
  • D. a and c above
9 When banks prepare their balance sheets, the show the money lent in
  • A. Liabilities
  • B. Assets
  • C. Both asset and liabilities
  • D. None
10 The banks can give loans
  • A. Unlimited
  • B. Equal to deposits
  • C. Less than deposits
  • D. More than deposits

Chapterwise Lists

Chapter Name Questions PDF File
Economics Ics Part 2 English Medium Chapter 1 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 2 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 3 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 4 English Medium Online Test 10 Questions
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Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
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Icom Part 2 Principles of Economics Chapter 7 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 9 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 9 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 10 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 11 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 12 English Medium Online Test 10 Questions
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