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

Out following the only recognised legal tender is

Question # 2

Demand deposit are

Question # 3

The following is not a bank liability.

Question # 4

Which type of card is not issued by central banks

Question # 5

Demand deposite are

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

10-Rupees note is issued by

Question # 10

Monetary pollicy has the objective

Question # 11

Which is the sourceof interest for a bank

Question # 12

Which is a monetary measure to increase employment.

Question # 13

The following is not a bank liability.

Question # 14

Every country establishes centralbank to

Question # 15

Demand depostis are.

Question # 16

Balance sheet of a bank has two parts

Question # 17

Whis is the most widely used tool of monetary policy

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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 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
2 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
3 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
4 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
5 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
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 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
8 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
9 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
10 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money

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