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 function of commercial bank

Question # 2

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

Question # 3

Banks discout it and advance loans.

Question # 4

Which type of card is not issued by central banks

Question # 5

Every country establishes central bank to

Question # 6

An asset is liquid when it is

Question # 7

Which is the sourceof interest for a bank

Question # 8

The bank can give loans

Question # 9

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Question # 10

Central banks rate of lending to commericalbanks is called.

Question # 11

Credit money is controlled by

Question # 12

The following is not a bank liability.

Question # 13

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

Question # 14

Every country establishes centralbank to

Question # 15

Monetary pollicy has the objective

Question # 16

Central banks rate of lending to commercial banks is called.

Question # 17

Demand deposit 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 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
2 A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits
A. 0
B. 5 m
C. 10 m
D. 25 m
3 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
4 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
5 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
6 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
7 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
8 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
9 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
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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