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 type of card is not issued by central banks

Question # 2

Monetary pollicy has the objective

Question # 3

Which type of cheque is more safe for transfer of money

Question # 4

Banks discout it and advance loans.

Question # 5

Central banks rate of lending to commericalbanks is called.

Question # 6

The following is not a bank liability.

Question # 7

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Question # 8

An asset is liquid when it is

Question # 9

The following is not a bank liability.

Question # 10

Commercial banks are able to create money by

Question # 11

State Bank policy of regulating intrst rate is called.

Question # 12

Out following the only recognised legal tender is

Question # 13

Commercial banks accept deposits and provide

Question # 14

Central banks rate of lending to commercial banks is called.

Question # 15

Demand depostis are.

Question # 16

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

Question # 17

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

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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 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
2 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
3 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
4 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
5 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
6 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
7 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
8 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
9 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
10 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit

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