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

An asset is liquid when it is

Question # 2

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

Question # 3

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

Question # 4

State Bank policy of regulating intrst rate is called.

Question # 5

State bank of Pakistan is run by

Question # 6

Demand deposite are

Question # 7

The following is not a bank liability.

Question # 8

Commercial banks accept deposits and provide

Question # 9

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

Question # 10

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

Question # 11

Banks discout it and advance loans.

Question # 12

The following is not a bank liability.

Question # 13

Which is the sourceof interest for a bank

Question # 14

If you borrow from a bak the amount which the bank charges is called.

Question # 15

Credit money is created by

Question # 16

Treasury bill is used for

Question # 17

Which is a monetary measure to increase employment.

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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 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
2 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
3 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
4 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
5 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
6 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
7 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
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 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
10 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money

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