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

Central banks rate of lending to commercial banks is called.

Question # 2

The following is not a bank liability.

Question # 3

An asset is liquid when it is

Question # 4

Which is a monetary measure to increase employment.

Question # 5

The bank can give loans

Question # 6

Credit money is controlled by

Question # 7

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

Question # 8

Whcih type of card is not issued by commmercial banks

Question # 9

Banks discout it and advance 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

Whcih organisation controls the banking system to most countries.

Question # 12

Which is considered liablility by a bank

Question # 13

Treasury bill is used for

Question # 14

It is NOT an instrument of moneatry policy

Question # 15

The following is not a bank liability.

Question # 16

If a person is more intrested to earn income he shud deposit his money in

Question # 17

Demand depostis are.

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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 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
2 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
3 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
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 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
6 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
7 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
8 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
9 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
10 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

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