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

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

Question # 2

Demand deposit are

Question # 3

Which is considered liablility by a bank

Question # 4

Which is the sourceof interest for a bank

Question # 5

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

Question # 6

It is NOT an instrument of moneatry policy

Question # 7

Bank Prepare their balace sheet.

Question # 8

Banks discout it and advance loans.

Question # 9

Which is a monetary measure to increase employment.

Question # 10

Which type of card is not issued by central banks

Question # 11

Credit money is controlled by

Question # 12

Credit money is created by

Question # 13

A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits

Question # 14

Which type of cheque is least safe for transfer of money

Question # 15

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

Question # 16

An asset is liquid when it is

Question # 17

Monetary pollicy has the objective

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5th Chapter

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 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
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 a function of commercial bank
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
4 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
5 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
6 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
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 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 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
10 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy

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