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

Credit money is controlled by

Question # 2

Treasury bill is used for

Question # 3

Which is a monetary measure to increase employment.

Question # 4

The following is not a bank liability.

Question # 5

The following is not a bank liability.

Question # 6

Demand deposit are

Question # 7

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

Question # 8

Which is the sourceof interest for a bank

Question # 9

Commercial banks are able to create money by

Question # 10

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

Question # 11

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

Question # 12

Bank Prepare their balace sheet.

Question # 13

State bank of Pakistan is run by

Question # 14

Which type of card is not issued by central banks

Question # 15

Out following the only recognised legal tender is

Question # 16

An asset is liquid when it is

Question # 17

Monetary pollicy has the objective

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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 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
2 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
3 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
4 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
5 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
6 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate
7 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
8 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
9 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
10 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank

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