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

State bank was established in .

Question # 2

Demand deposit are

Question # 3

Cash cannot be directly obtaines from a bank against

Question # 4

An asset is liquid when it is

Question # 5

Demand deposite are

Question # 6

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

Question # 7

Acting as lender of last resort a cenral bank lend to.

Question # 8

Which type of cheque is more safe for transfer of money

Question # 9

Whcih organisation controls the banking system to most countries.

Question # 10

Demand depostis are.

Question # 11

Which type of cheque is least safe for transfer of money

Question # 12

Short term loans can be obtained in.

Question # 13

Commercial banks are able to create money by

Question # 14

It creates credit

Question # 15

Which is a monetary measure to increase employment.

Question # 16

Treasury bill is used for

Question # 17

Commercial banks accept deposits and provide

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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 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
2 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
3 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
4 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
5 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate
6 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
7 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
8 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
9 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
10 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money

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