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

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

Question # 2

Central banks rate of lending to commericalbanks is called.

Question # 3

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

Question # 4

Cash cannot be directly obtaines from a bank against

Question # 5

Profit and losss sharing is basis of finance under this system.

Question # 6

Demand deposite mean

Question # 7

Monetary pollicy has the objective

Question # 8

Which is a monetary measure to increase employment.

Question # 9

Commercial banks accept deposits and provide

Question # 10

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

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

The following is not a bank liability.

Question # 13

Bank Prepare their balace sheet.

Question # 14

Every country establishes central bank to

Question # 15

Banks discout it and advance loans.

Question # 16

Which type of cheque is more safe for transfer of money

Question # 17

An asset is liquid when it is

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5th Chapter

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. Central bank
B. Commercial Bank
C. Government
D. All of the above
2 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
3 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
4 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
5 Whis is the most widely used tool of monetary policy
A. Open market operation
B. Clearing house
C. Discount rate
D. Issuing of the note
6 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
7 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
8 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
9 Which type of card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
10 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money

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