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

Whis is the most widely used tool of monetary policy

Question # 2

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

Question # 3

It creates credit

Question # 4

The bank can give loans

Question # 5

An asset is liquid when it is

Question # 6

Which is the sourceof interest for a bank

Question # 7

Balance sheet of a bank has two parts

Question # 8

Demand depostis are.

Question # 9

The money called legal tender includes.

Question # 10

Which type of card is not issued by central banks

Question # 11

Whcih organisation controls the banking system to most countries.

Question # 12

Cash cannot be directly obtaines from a bank against

Question # 13

Monetary pollicy has the objective

Question # 14

Out following the only recognised legal tender is

Question # 15

Demand deposite mean

Question # 16

Demand deposite are

Question # 17

Which is a function of commercial bank

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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 monetary measure to increase employment.
A. Increase in govt expenditure
B. Reduce govt expenditure
C. Increase in interest rate
D. Reducing intrest rate
2 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
3 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
4 A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.
A. 25 m
B. 10 m
C. 5 m
D. 0 m
5 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
6 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
7 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
8 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
9 An asset is liquid when it is
A. Being traded frequnetly
B. Earning a good rate of return
C. Is money or easily converted into money
D. All of the above
10 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above

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