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 policy of regulating intrst rate is called.

Question # 2

Central banks rate of lending to commercial banks is called.

Question # 3

Bank Prepare their balace sheet.

Question # 4

Which is a function of commercial bank

Question # 5

Which is considered liablility by a bank

Question # 6

State bank of Pakistan is run by

Question # 7

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

Question # 8

Commercial banks are able to create money by

Question # 9

The bank can give loans

Question # 10

An asset is liquid when it is

Question # 11

Out following the only recognised legal tender is

Question # 12

Every country establishes centralbank to

Question # 13

Which is a monetary measure to increase employment.

Question # 14

Balance sheet of a bank has two parts

Question # 15

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

Question # 16

Which type of cheque is more safe for transfer of money

Question # 17

The following is not a bank liability.

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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 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
2 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
3 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
4 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
5 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
6 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
7 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
8 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
9 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
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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