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

Whcih type of card is not issued by commmercial banks

Question # 2

Which is a function of commercial bank

Question # 3

Demand deposite mean

Question # 4

An asset is liquid when it is

Question # 5

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

Question # 6

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

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

Whis is the most widely used tool of monetary policy

Question # 11

Which is considered liablility by a bank

Question # 12

Commercial banks are able to create money by

Question # 13

Credit money is created by

Question # 14

Monetary pollicy has the objective

Question # 15

Every country establishes central bank to

Question # 16

Demand deposit are

Question # 17

The money called legal tender includes.

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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 Which is a function of commercial bank
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
2 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
3 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
4 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
5 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
6 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
7 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
8 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
9 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
10 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque

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