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

Which type of cheque is more safe for transfer of money

Question # 2

Banks discout it and advance loans.

Question # 3

It is NOT an instrument of moneatry policy

Question # 4

Which type of cheque is least safe for transfer of money

Question # 5

Treasury bill is used for

Question # 6

The following is not a bank liability.

Question # 7

Every country establishes centralbank to

Question # 8

Whis is the most widely used tool of monetary policy

Question # 9

Which is considered liablility by a bank

Question # 10

Credit money is controlled by

Question # 11

10-Rupees note is issued by

Question # 12

The money called legal tender includes.

Question # 13

Commercial banks are able to create money by

Question # 14

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

Question # 15

State Bank policy of regulating intrst rate is called.

Question # 16

Demand deposite are

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 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
2 If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
A. Demand deposits
B. Tiem deposit
C. Saving account
D. Profit loss account
3 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
4 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
5 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
6 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
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 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
9 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
10 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate

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