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

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Question # 1

Demand deposite mean

Question # 2

If you borrow from a bak the amount which the bank charges is called.

Question # 3

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

Question # 4

Central banks rate of lending to commericalbanks is called.

Question # 5

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

Question # 6

Monetary pollicy has the objective

Question # 7

It creates credit

Question # 8

The bank can give loans

Question # 9

The following is not a bank liability.

Question # 10

Central banks rate of lending to commercial banks is called.

Question # 11

Which is the sourceof interest for a bank

Question # 12

Every country establishes central bank to

Question # 13

Which type of cheque is least safe for transfer of money

Question # 14

An asset is liquid when it is

Question # 15

State bank of Pakistan is run by

Question # 16

Balance sheet of a bank has two parts

Question # 17

Which is considered liablility by a 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 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
2 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
3 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
4 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
5 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
6 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
7 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
8 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
9 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
10 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit

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