12th class Economics chapter 5 online mcq test with answers for ICS part 2 Economics chapter 5 (Banks)

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	Which is the sourceof interest for a bank	A. Advances B. Bills discounted C. Investments D. All
2	Whis is the most widely used tool of monetary policy	A. Open market operation B. Clearing house C. Discount rate D. Issuing of the note
3	Which is considered liablility by a bank	A. Loans B. Bank building and equipment C. Time deposit D. Securities
4	Credit money is created by	A. Central bank B. Commercial Bank C. Government D. All of the above
5	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
6	Commercial banks are able to create money by	A. Making loans B. Printing Money C. Moral suasion Selling government loans D. Printing money
7	When a commercial bank creaes credite. Its immediate effect is tha tit raises.	A. The exchange rate B. The money supply C. The interest rate D. The real national income
8	Bank Prepare their balace sheet.	A. Weekly B. Monthly C. Quarterly D. Annualy
9	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
10	Every country establishes centralbank to	A. Issue notes B. Supervise commerical bank C. Giveloans to businessmen D. a and b of above