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

Credit money is created by

Question # 2

Commercial banks accept deposits and provide

Question # 3

Every country establishes central bank to

Question # 4

10-Rupees note is issued by

Question # 5

Credit money is created by

Question # 6

A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.

Question # 7

Which is a monetary measure to increase employment.

Question # 8

An asset is liquid when it is

Question # 9

It creates credit

Question # 10

Every country establishes centralbank to

Question # 11

Which type of card is not issued by central banks

Question # 12

Treasury bill is used for

Question # 13

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

Question # 14

The bank can give loans

Question # 15

Short term loans can be obtained in.

Question # 16

Cash cannot be directly obtaines from a bank against

Question # 17

Which type of cheque is more safe for transfer of money

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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 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
2 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
3 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
4 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
5 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
6 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
7 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
8 Which type of card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
9 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
10 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank

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