12th class Economics chapter 5 online mcq test with answers for ICS part 2 Economics chapter 5 (Banks)

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	When a commercial bank creaes credite. Its immediate effect is tha tit raises.	A. The exchange rate B. The money supply C. The interest rate D. The real national income
2	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
3	The following is not a bank liability.	A. Demand Deposit B. Time deposit C. Loans D. Saving Deposit
4	A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.	A. 25 m B. 10 m C. 5 m D. 0 m
5	Out following the only recognised legal tender is	A. Cheque B. Currency notes and coins C. Notes and cheques D. Credit card
6	Every country establishes centralbank to	A. Issue notes B. Supervise commerical bank C. Giveloans to businessmen D. a and b of above
7	Every country establishes central bank to	A. Issue currency B. To establish commercial bank C. Toprepare governemnt budget D. All of the of above
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	State Bank policy of regulating intrst rate is called.	A. Monetary policy B. Commerical policy C. Banking policy D. Fiscal policy
10	Which is considered liablility by a bank	A. Loans B. Bank building and equipment C. Time deposit D. Securities