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

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Question # 1

It creates credit

Question # 2

Which is a monetary measure to increase employment.

Question # 3

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

Question # 4

Commercial banks are able to create money by

Question # 5

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

Question # 6

Short term loans can be obtained in.

Question # 7

An asset is liquid when it is

Question # 8

Which is the sourceof interest for a bank

Question # 9

The money called legal tender includes.

Question # 10

Credit money is created by

Question # 11

Which is a function of commercial bank

Question # 12

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

Question # 13

Balance sheet of a bank has two parts

Question # 14

Which type of cheque is more safe for transfer of money

Question # 15

Which type of card is not issued by central banks

Question # 16

Whcih type of card is not issued by commmercial banks

Question # 17

Monetary pollicy has the objective

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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 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
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 type of card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
4 Balance sheet of a bank has two parts
A. Supply and demand for deposits
B. Supply and demand of Advances
C. Assests and liablilities
D. Cash Reserves and loans
5 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
6 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
7 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
8 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
9 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
10 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

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