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 policy of regulating intrst rate is called.

Question # 2

It creates credit

Question # 3

Demand depostis are.

Question # 4

Which type of cheque is more safe for transfer of money

Question # 5

Whcih type of card is not issued by commmercial banks

Question # 6

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

Question # 7

The money called legal tender includes.

Question # 8

The following is not a bank liability.

Question # 9

Commercial banks are able to create money by

Question # 10

Which type of cheque is least safe for transfer of money

Question # 11

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

Question # 12

Every country establishes centralbank to

Question # 13

Credit money is controlled by

Question # 14

An asset is liquid when it is

Question # 15

State bank of Pakistan is run by

Question # 16

Demand deposit are

Question # 17

Demand deposite are

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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 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
2 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
3 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
4 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
5 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
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 depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
8 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
9 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
10 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954

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