2nd Year Economics Chapter 5 Online MCQ Test for 12th Class Economics Chapter 5 (Banks)

ICS Part 2 Economics English Medium Chapter 5 Test

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MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test"

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ICS Part 2 Economics English Medium Chapter 5 Online Test

00:00
Question # 1

Which is a function of commercial bank

Question # 2

Cash cannot be directly obtaines from a bank against

Question # 3

Demand depostis are.

Question # 4

A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.

Question # 5

The following is not a bank liability.

Question # 6

Which is the sourceof interest for a bank

Question # 7

Out following the only recognised legal tender is

Question # 8

State bank was established in .

Question # 9

Whcih type of card is not issued by commmercial banks

Question # 10

State Bank policy of regulating intrst rate is called.

Question # 11

Whis is the most widely used tool of monetary policy

Question # 12

An asset is liquid when it is

Question # 13

It is NOT an instrument of moneatry policy

Question # 14

Commercial banks are able to create money by

Question # 15

Credit money is created by

Question # 16

Demand deposite are

Question # 17

The bank can give loans

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ICS Part 2 Economics English Medium Chapter 5 Test

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ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
2 Whis is the most widely used tool of monetary policy
A. Open market operation
B. Clearing house
C. Discount rate
D. Issuing of the note
3 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
4 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
5 A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.
A. 25 m
B. 10 m
C. 5 m
D. 0 m
6 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
7 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
8 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
9 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
10 When a commercial bank creaes credite. Its immediate effect is tha tit raises.
A. The exchange rate
B. The money supply
C. The interest rate
D. The real national income

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