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

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

Question # 2

Which is considered liablility by a bank

Question # 3

Whcih organisation controls the banking system to most countries.

Question # 4

State bank was established in .

Question # 5

Central banks rate of lending to commercial banks is called.

Question # 6

State Bank policy of regulating intrst rate is called.

Question # 7

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

Question # 8

Whis is the most widely used tool of monetary policy

Question # 9

Commercial banks are able to create money by

Question # 10

Central banks rate of lending to commericalbanks is called.

Question # 11

Treasury bill is used for

Question # 12

It is NOT an instrument of moneatry policy

Question # 13

The following is not a bank liability.

Question # 14

The bank can give loans

Question # 15

Credit money is created by

Question # 16

Which is a function of commercial bank

Question # 17

Whcih type of card is not issued by commmercial banks

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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 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
2 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
3 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
4 Treasury bill is used for
A. Getting short term loans by central bank
B. Getting long term loans
C. Collecting govt. taxes
D. Make payments of utility bills
5 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate
6 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
7 If a person is more intrested to earn income he shud deposit his money in
A. Demand deposits
B. Time deposit
C. Saving account
D. Profit loss account
8 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
9 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
10 A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits
A. 0
B. 5 m
C. 10 m
D. 25 m

Test Questions