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

Which is a monetary measure to increase employment.

Question # 2

Acting as lender of last resort a cenral bank lend to.

Question # 3

Whis is the most widely used tool of monetary policy

Question # 4

Central banks rate of lending to commercial banks is called.

Question # 5

State bank was established in .

Question # 6

Every country establishes central bank to

Question # 7

Whcih type of card is not issued by commmercial banks

Question # 8

Demand deposite are

Question # 9

Every country establishes centralbank to

Question # 10

Which is a function of commercial bank

Question # 11

Whcih organisation controls the banking system to most countries.

Question # 12

Central banks rate of lending to commericalbanks is called.

Question # 13

Which type of card is not issued by central banks

Question # 14

Monetary pollicy has the objective

Question # 15

Commercial banks are able to create money by

Question # 16

Out following the only recognised legal tender is

Question # 17

If you borrow from a bak the amount which the bank charges is called.

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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 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
2 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
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 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
5 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
6 The money called legal tender includes.
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques
7 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
8 If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
A. Demand deposits
B. Tiem deposit
C. Saving account
D. Profit loss account
9 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
10 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money

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