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

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

Question # 2

The following is not a bank liability.

Question # 3

State bank was established in .

Question # 4

Whis is the most widely used tool of monetary policy

Question # 5

Treasury bill is used for

Question # 6

The money called legal tender includes.

Question # 7

The following is not a bank liability.

Question # 8

Whcih type of card is not issued by commmercial banks

Question # 9

Whcih organisation controls the banking system to most countries.

Question # 10

State Bank policy of regulating intrst rate is called.

Question # 11

Every country establishes central bank to

Question # 12

Which is a function of commercial bank

Question # 13

It creates credit

Question # 14

Balance sheet of a bank has two parts

Question # 15

Credit money is created by

Question # 16

An asset is liquid when it is

Question # 17

Central banks rate of lending to commercial banks is called.

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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 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
2 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
3 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
4 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
5 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
6 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
7 Treasury bill is used for
A. Getting short term loans by central bank
B. Getting long term loans
C. Collecting govt. taxes
D. Make payments of utility bills
8 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
9 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
10 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

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