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

The following is not a bank liability.

Question # 2

State Bank policy of regulating intrst rate is called.

Question # 3

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

Question # 4

Short term loans can be obtained in.

Question # 5

Which is the sourceof interest for a bank

Question # 6

Whis is the most widely used tool of monetary policy

Question # 7

Monetary pollicy has the objective

Question # 8

Central banks rate of lending to commercial banks is called.

Question # 9

Banks discout it and advance loans.

Question # 10

Demand deposite mean

Question # 11

Which type of cheque is least safe for transfer of money

Question # 12

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

Question # 13

10-Rupees note is issued by

Question # 14

An asset is liquid when it is

Question # 15

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

Question # 16

Every country establishes centralbank to

Question # 17

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

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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 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
2 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
3 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
4 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
5 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
6 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
7 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
8 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
9 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
10 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate

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