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

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

Question # 2

The bank can give loans

Question # 3

Which is the sourceof interest for a bank

Question # 4

State Bank policy of regulating intrst rate is called.

Question # 5

Which type of card is not issued by central banks

Question # 6

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

Question # 7

Which is a monetary measure to increase employment.

Question # 8

It is NOT an instrument of moneatry policy

Question # 9

Central banks rate of lending to commericalbanks is called.

Question # 10

Treasury bill is used for

Question # 11

Credit money is created by

Question # 12

Commercial banks accept deposits and provide

Question # 13

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

Question # 14

Demand depostis are.

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

Which type of cheque is least safe for transfer of money

Question # 17

It creates credit

Prepare Complete Set Wise Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQs Online With Answers


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5th Chapter

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 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
2 If a person is more intrested to earn income he shud deposit his money in
A. Demand deposits
B. Time deposit
C. Saving account
D. Profit loss account
3 The money called legal tender includes.
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques
4 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate
5 Which is a monetary measure to increase employment.
A. Increase in govt expenditure
B. Reduce govt expenditure
C. Increase in interest rate
D. Reducing intrest rate
6 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
7 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
8 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
9 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
10 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate

Test Questions

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