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

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

Question # 3

Every country establishes central bank to

Question # 4

Which is a monetary measure to increase employment.

Question # 5

State Bank policy of regulating intrst rate is called.

Question # 6

Which type of cheque is least safe for transfer of money

Question # 7

Treasury bill is used for

Question # 8

Demand deposite are

Question # 9

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

Question # 10

State bank of Pakistan is run by

Question # 11

Credit money is controlled by

Question # 12

Credit money is created by

Question # 13

An asset is liquid when it is

Question # 14

It creates credit

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

10-Rupees note is issued by

Question # 17

Demand deposit 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 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
2 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
3 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
4 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
5 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
6 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
7 A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits
A. 0
B. 5 m
C. 10 m
D. 25 m
8 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
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 If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
A. Demand deposits
B. Tiem deposit
C. Saving account
D. Profit loss account

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