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

State bank was established in .

Question # 2

Which is the sourceof interest for a bank

Question # 3

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

Question # 4

Whcih organisation controls the banking system to most countries.

Question # 5

Whis is the most widely used tool of monetary policy

Question # 6

Central banks rate of lending to commercial banks is called.

Question # 7

It is NOT an instrument of moneatry policy

Question # 8

Every country establishes central bank to

Question # 9

The bank can give loans

Question # 10

Commercial banks accept deposits and provide

Question # 11

State bank of Pakistan is run by

Question # 12

An asset is liquid when it is

Question # 13

Bank Prepare their balace sheet.

Question # 14

Credit money is created by

Question # 15

Short term loans can be obtained in.

Question # 16

Balance sheet of a bank has two parts

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 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
2 Whis is the most widely used tool of monetary policy
A. Open market operation
B. Clearing house
C. Discount rate
D. Issuing of the note
3 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
4 Balance sheet of a bank has two parts
A. Supply and demand for deposits
B. Supply and demand of Advances
C. Assests and liablilities
D. Cash Reserves and loans
5 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
6 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
7 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
8 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
9 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
10 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque

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