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

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Question # 1

Acting as lender of last resort a cenral bank lend to.

Question # 2

Commercial banks are able to create money by

Question # 3

Balance sheet of a bank has two parts

Question # 4

Bank Prepare their balace sheet.

Question # 5

Which type of cheque is more safe for transfer of money

Question # 6

Whis is the most widely used tool of monetary policy

Question # 7

It is NOT an instrument of moneatry policy

Question # 8

Demand deposit are

Question # 9

Central banks rate of lending to commericalbanks is called.

Question # 10

Credit money is created by

Question # 11

The bank can give loans

Question # 12

Which is a monetary measure to increase employment.

Question # 13

Whcih type of card is not issued by commmercial banks

Question # 14

The money called legal tender includes.

Question # 15

Demand deposite mean

Question # 16

Short term loans can be obtained in.

Question # 17

Every country establishes centralbank to

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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 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
2 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
3 Which is a function of commercial bank
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
4 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
5 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
6 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
7 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
8 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
9 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
10 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card

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