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

10-Rupees note is issued by

Question # 2

Which is a monetary measure to increase employment.

Question # 3

Monetary pollicy has the objective

Question # 4

Central banks rate of lending to commercial banks is called.

Question # 5

Demand depostis 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

The following is not a bank liability.

Question # 9

Commercial banks accept deposits and provide

Question # 10

Demand deposite are

Question # 11

Whcih organisation controls the banking system to most countries.

Question # 12

Cash cannot be directly obtaines from a bank against

Question # 13

A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits

Question # 14

Which is the sourceof interest for a bank

Question # 15

Credit money is created by

Question # 16

Banks discout it and advance loans.

Question # 17

The following is not a bank liability.

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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 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
3 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
4 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
5 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
6 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
7 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
8 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
9 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
10 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market

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