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 type of cheque is more safe for transfer of money

Question # 2

Which is a monetary measure to increase employment.

Question # 3

Balance sheet of a bank has two parts

Question # 4

The money called legal tender includes.

Question # 5

Demand deposite mean

Question # 6

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

Question # 7

Demand deposit are

Question # 8

An asset is liquid when it is

Question # 9

Whcih type of card is not issued by commmercial banks

Question # 10

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

Question # 11

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

Question # 12

Monetary pollicy has the objective

Question # 13

Acting as lender of last resort a cenral bank lend to.

Question # 14

Credit money is controlled by

Question # 15

It is NOT an instrument of moneatry policy

Question # 16

Which is a function of commercial bank

Question # 17

State bank was established in .

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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 If a person is more intrested to earn income he shud deposit his money in
A. Demand deposits
B. Time deposit
C. Saving account
D. Profit loss account
2 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
3 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
4 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
5 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
6 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
7 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
8 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
9 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
10 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange

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