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

Treasury bill is used for

Question # 3

Which is a function of commercial bank

Question # 4

Demand depostis are.

Question # 5

Bank Prepare their balace sheet.

Question # 6

It is NOT an instrument of moneatry policy

Question # 7

Whcih type of card is not issued by commmercial banks

Question # 8

Commercial banks are able to create money by

Question # 9

The bank can give loans

Question # 10

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

Question # 11

Credit money is created by

Question # 12

Central banks rate of lending to commericalbanks is called.

Question # 13

Every country establishes centralbank to

Question # 14

Demand deposite mean

Question # 15

Whis is the most widely used tool of monetary policy

Question # 16

State Bank policy of regulating intrst rate is called.

Question # 17

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

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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 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
2 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
3 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
4 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
5 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
6 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
7 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
8 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
9 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
10 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange

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