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

Demand deposit are

Question # 2

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Question # 3

The bank can give loans

Question # 4

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

Question # 5

State Bank policy of regulating intrst rate is called.

Question # 6

It is NOT an instrument of moneatry policy

Question # 7

State bank of Pakistan is run by

Question # 8

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

Question # 9

Which is a function of commercial bank

Question # 10

Every country establishes central bank to

Question # 11

An asset is liquid when it is

Question # 12

State bank was established in .

Question # 13

Banks discout it and advance loans.

Question # 14

Demand deposite are

Question # 15

Cash cannot be directly obtaines from a bank against

Question # 16

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

Question # 17

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

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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 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
2 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
3 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
4 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
5 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
6 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
7 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
8 A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.
A. 25 m
B. 10 m
C. 5 m
D. 0 m
9 Treasury bill is used for
A. Getting short term loans by central bank
B. Getting long term loans
C. Collecting govt. taxes
D. Make payments of utility bills
10 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money

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