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

Which is a function of commercial bank

Question # 2

Demand deposite mean

Question # 3

Banks discout it and advance loans.

Question # 4

Demand deposit are

Question # 5

It is NOT an instrument of moneatry policy

Question # 6

Which is a monetary measure to increase employment.

Question # 7

The following is not a bank liability.

Question # 8

Central banks rate of lending to commericalbanks is called.

Question # 9

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

Question # 10

An asset is liquid when it is

Question # 11

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

Question # 12

Commercial banks are able to create money by

Question # 13

If a person is more intrested to earn income he shud deposit his money in

Question # 14

Whcih type of card is not issued by commmercial banks

Question # 15

Credit money is created by

Question # 16

Treasury bill is used for

Question # 17

Which type of cheque is least safe for transfer of money

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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 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
2 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
3 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
4 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
5 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
6 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
7 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
8 When a commercial bank creaes credite. Its immediate effect is tha tit raises.
A. The exchange rate
B. The money supply
C. The interest rate
D. The real national income
9 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
10 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954

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