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

Short term loans can be obtained in.

Question # 2

Credit money is created by

Question # 3

Central banks rate of lending to commericalbanks is called.

Question # 4

Whcih type of card is not issued by commmercial banks

Question # 5

Which is the sourceof interest for a bank

Question # 6

Whcih organisation controls the banking system to most countries.

Question # 7

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

Question # 8

The following is not a bank liability.

Question # 9

The bank can give loans

Question # 10

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Question # 11

It is NOT an instrument of moneatry policy

Question # 12

Which is considered liablility by a bank

Question # 13

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

Question # 14

Demand deposite mean

Question # 15

Balance sheet of a bank has two parts

Question # 16

Which is a monetary measure to increase employment.

Question # 17

Which is a function of commercial bank

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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 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
2 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
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 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
5 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
6 The money called legal tender includes.
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques
7 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
8 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
9 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
10 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

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