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

Which is the sourceof interest for a bank

Question # 2

Whcih type of card is not issued by commmercial banks

Question # 3

The following is not a bank liability.

Question # 4

It is NOT an instrument of moneatry policy

Question # 5

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

Question # 6

State Bank policy of regulating intrst rate is called.

Question # 7

Demand depostis are.

Question # 8

Every country establishes central bank to

Question # 9

Which is a function of commercial bank

Question # 10

Demand deposit are

Question # 11

Bank Prepare their balace sheet.

Question # 12

Balance sheet of a bank has two parts

Question # 13

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

Question # 14

State bank of Pakistan is run by

Question # 15

The following is not a bank liability.

Question # 16

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

Question # 17

The money called legal tender includes.

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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 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
2 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
3 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
4 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
5 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
6 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
7 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
8 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
9 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
10 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits

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