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

The following is not a bank liability.

Question # 2

Demand deposite are

Question # 3

Every country establishes centralbank to

Question # 4

Every country establishes central bank to

Question # 5

Central banks rate of lending to commericalbanks is called.

Question # 6

Which type of card is not issued by central banks

Question # 7

State Bank policy of regulating intrst rate is called.

Question # 8

State bank was established in .

Question # 9

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

Question # 10

10-Rupees note is issued by

Question # 11

It is NOT an instrument of moneatry policy

Question # 12

Out following the only recognised legal tender is

Question # 13

Demand deposit are

Question # 14

Demand depostis are.

Question # 15

Which is considered liablility by a bank

Question # 16

Whcih type of card is not issued by commmercial banks

Question # 17

Cash cannot be directly obtaines from a bank against

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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 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
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 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
4 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
5 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
6 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
7 Which is a function of commercial bank
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
8 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
9 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
10 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All

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