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

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Question # 1

Cash cannot be directly obtaines from a bank against

Question # 2

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

Question # 3

Credit money is controlled by

Question # 4

Demand depostis are.

Question # 5

Which is a function of commercial bank

Question # 6

It creates credit

Question # 7

Credit money is created by

Question # 8

Short term loans can be obtained in.

Question # 9

Monetary pollicy has the objective

Question # 10

Central banks rate of lending to commercial banks is called.

Question # 11

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

Question # 12

Demand deposite mean

Question # 13

Whcih type of card is not issued by commmercial banks

Question # 14

Which is a monetary measure to increase employment.

Question # 15

State bank was established in .

Question # 16

Which type of cheque is more safe for transfer of money

Question # 17

Bank Prepare their balace sheet.

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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 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
2 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
3 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
4 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
5 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
6 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
7 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
8 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
9 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
10 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities

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