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

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Question # 1

Which is considered liablility by a bank

Question # 2

Whcih type of card is not issued by commmercial banks

Question # 3

The following is not a bank liability.

Question # 4

The bank can give loans

Question # 5

Demand depostis are.

Question # 6

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

Question # 7

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

Question # 8

State bank was established in .

Question # 9

State Bank policy of regulating intrst rate is called.

Question # 10

Banks discout it and advance loans.

Question # 11

Which type of cheque is more safe for transfer of money

Question # 12

Demand deposite mean

Question # 13

It is NOT an instrument of moneatry policy

Question # 14

The money called legal tender includes.

Question # 15

10-Rupees note is issued by

Question # 16

Monetary pollicy has the objective

Question # 17

Credit money is created by

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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 Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits
A. 0
B. 5 m
C. 10 m
D. 25 m
2 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
3 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
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 Which is a function of commercial bank
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
6 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
7 When a commercial bank creaes credite. Its immediate effect is tha tit raises.
A. The exchange rate
B. The money supply
C. The interest rate
D. The real national income
8 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
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 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank

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