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

If a person is more intrested to earn income he shud deposit his money in

Question # 2

Which is a monetary measure to increase employment.

Question # 3

Which type of cheque is more safe for transfer of money

Question # 4

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

Question # 5

Credit money is created by

Question # 6

Whcih organisation controls the banking system to most countries.

Question # 7

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

Question # 8

Commercial banks accept deposits and provide

Question # 9

State bank was established in .

Question # 10

Which type of cheque is least safe for transfer of money

Question # 11

It is NOT an instrument of moneatry policy

Question # 12

Treasury bill is used for

Question # 13

Credit money is controlled by

Question # 14

Banks discout it and advance loans.

Question # 15

A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits

Question # 16

Demand deposite are

Question # 17

Demand depostis are.

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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 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
2 An asset is liquid when it is
A. Being traded frequnetly
B. Earning a good rate of return
C. Is money or easily converted into money
D. All of the above
3 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
4 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
5 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
6 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
7 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
8 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
9 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
10 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

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