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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ICS Part 2 Economics English Medium Chapter Wise MCQ's Test

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

Which type of card is not issued by central banks

Question # 2

Central banks rate of lending to commericalbanks is called.

Question # 3

Credit money is created by

Question # 4

An asset is liquid when it is

Question # 5

Whcih organisation controls the banking system to most countries.

Question # 6

Every country establishes central bank to

Question # 7

State Bank policy of regulating intrst rate is called.

Question # 8

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

Question # 9

Whcih type of card is not issued by commmercial banks

Question # 10

Credit money is created by

Question # 11

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

Question # 12

State bank was established in .

Question # 13

Which is considered liablility by a bank

Question # 14

It is NOT an instrument of moneatry policy

Question # 15

10-Rupees note is issued by

Question # 16

It creates credit

Question # 17

Demand depostis are.

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ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
2 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
3 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
4 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
5 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
6 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
7 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
8 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
9 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
10 Which is a monetary measure to increase employment.
A. Increase in govt expenditure
B. Reduce govt expenditure
C. Increase in interest rate
D. Reducing intrest rate

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