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

Treasury bill is used for

Question # 2

Central banks rate of lending to commercial banks is called.

Question # 3

Profit and losss sharing is basis of finance under this system.

Question # 4

The bank can give loans

Question # 5

State Bank policy of regulating intrst rate is called.

Question # 6

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

Question # 7

Commercial banks accept deposits and provide

Question # 8

Which type of cheque is more safe for transfer of money

Question # 9

Whcih organisation controls the banking system to most countries.

Question # 10

The money called legal tender includes.

Question # 11

Demand deposite mean

Question # 12

Whis is the most widely used tool of monetary policy

Question # 13

It is NOT an instrument of moneatry policy

Question # 14

Balance sheet of a bank has two parts

Question # 15

Demand depostis are.

Question # 16

Demand deposit are

Question # 17

Which is a function of commercial bank

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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 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
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 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
4 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
5 Which type of card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
6 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
7 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
8 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
9 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
10 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card

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