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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ICS Part 2 Economics English Medium Chapter Wise MCQ's Test

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

The following is not a bank liability.

Question # 2

It is NOT an instrument of moneatry policy

Question # 3

Balance sheet of a bank has two parts

Question # 4

Credit money is controlled by

Question # 5

10-Rupees note is issued by

Question # 6

Whcih type of card is not issued by commmercial banks

Question # 7

Treasury bill is used for

Question # 8

Which is the sourceof interest for a bank

Question # 9

Demand deposite are

Question # 10

The bank can give loans

Question # 11

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

Question # 12

Every country establishes centralbank to

Question # 13

Whis is the most widely used tool of monetary policy

Question # 14

An asset is liquid when it is

Question # 15

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

Question # 16

Which type of cheque is more safe for transfer of money

Question # 17

Which type of card is not issued by central banks

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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 type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
2 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
3 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
4 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
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 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
7 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
8 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
9 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
10 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money

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