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

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

Question # 2

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

Question # 3

Whis is the most widely used tool of monetary policy

Question # 4

10-Rupees note is issued by

Question # 5

Demand deposite mean

Question # 6

Credit money is controlled by

Question # 7

The money called legal tender includes.

Question # 8

The following is not a bank liability.

Question # 9

Central banks rate of lending to commercial banks is called.

Question # 10

Whcih type of card is not issued by commmercial banks

Question # 11

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

Question # 12

State Bank policy of regulating intrst rate is called.

Question # 13

Credit money is created by

Question # 14

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

Question # 15

An asset is liquid when it is

Question # 16

Demand deposite are

Question # 17

Bank Prepare their balace sheet.

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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 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
2 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
3 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
4 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
5 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
6 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
7 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
8 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
9 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
10 Balance sheet of a bank has two parts
A. Supply and demand for deposits
B. Supply and demand of Advances
C. Assests and liablilities
D. Cash Reserves and loans

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