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

The bank can give loans

Question # 2

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

Question # 3

Demand deposite mean

Question # 4

Monetary pollicy has the objective

Question # 5

Bank Prepare their balace sheet.

Question # 6

Every country establishes central bank to

Question # 7

Credit money is created by

Question # 8

Credit money is controlled by

Question # 9

Cash cannot be directly obtaines from a bank against

Question # 10

Which is the sourceof interest for a bank

Question # 11

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

Question # 12

Demand depostis are.

Question # 13

Profit and losss sharing is basis of finance under this system.

Question # 14

Every country establishes centralbank to

Question # 15

Which is a function of commercial bank

Question # 16

Banks discout it and advance loans.

Question # 17

An asset is liquid when it is

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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 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
2 Balance sheet of a bank has two parts
A. Supply and demand for deposits
B. Supply and demand of Advances
C. Assests and liablilities
D. Cash Reserves and loans
3 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
4 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
5 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
6 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
7 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
8 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
9 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
10 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

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