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	Cash cannot be directly obtaines from a bank against	A. Cross cheque B. Order cheque C. bearer cheque D. Traveller cheque
2	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
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	Which is considered liablility by a bank	A. Loans B. Bank building and equipment C. Time deposit D. Securities
5	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
6	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
7	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
8	Short term loans can be obtained in.	A. Money market B. Capital market C. Exchange market D. Stock Market
9	If you borrow from a bak the amount which the bank charges is called.	A. Interest rate B. tax rate C. discount rate D. Market rate
10	Which type of cheque is more safe for transfer of money	A. Cross cheque B. Order cheque C. Traveller cheque D. Bearer cheque