12th class Economics chapter 5 online mcq test with answers for ICS part 2 Economics chapter 5 (Banks)

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	Cash cannot be directly obtaines from a bank against	A. Cross cheque B. Order cheque C. bearer cheque D. Traveller cheque
2	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
3	It creates credit	A. Central Bank B. Commercial Bank C. Government D. Stock exchange
4	The following is not a bank liability.	A. Demand Deposit B. Time deposit C. Loans D. Saving Deposit
5	Out following the only recognised legal tender is	A. Cheque B. Currency notes and coins C. Notes and cheques D. Credit card
6	It is NOT an instrument of moneatry policy	A. Discount Rate B. Open market operation C. Change in reserve ratio D. Issue notes
7	Central banks rate of lending to commericalbanks is called.	A. Interest rate B. Discount rate C. Money rate D. Inflation rate
8	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
9	Monetary pollicy has the objective	A. Decrease unemployment rate B. Decrease tax rate C. Decreases inflation rate D. a and c of the above
10	An asset is liquid when it is	A. Being traded frequnetly B. Earning a good rate of return C. Is money or easily converted into money D. All of the above