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

Commercial banks accept deposits and provide

Question # 2

Demand deposit are

Question # 3

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

Question # 4

State bank was established in .

Question # 5

An asset is liquid when it is

Question # 6

Which is a monetary measure to increase employment.

Question # 7

The following is not a bank liability.

Question # 8

Banks discout it and advance loans.

Question # 9

Commercial banks are able to create money by

Question # 10

Demand depostis are.

Question # 11

Which type of cheque is more safe for transfer of money

Question # 12

Every country establishes centralbank to

Question # 13

Cash cannot be directly obtaines from a bank against

Question # 14

Acting as lender of last resort a cenral bank lend to.

Question # 15

Out following the only recognised legal tender is

Question # 16

Whis is the most widely used tool of monetary policy

Question # 17

Which type of cheque is least safe for transfer of money

Prepare Complete Set Wise Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQs Online With Answers


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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 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
2 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
3 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
4 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
5 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
6 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
7 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
8 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
9 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
10 The money called legal tender includes.
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques

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