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 a monetary measure to increase employment.

Question # 2

Credit money is created by

Question # 3

State bank of Pakistan is run by

Question # 4

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

Question # 5

Commercial banks accept deposits and provide

Question # 6

Every country establishes centralbank to

Question # 7

Short term loans can be obtained in.

Question # 8

Which is considered liablility by a bank

Question # 9

Whis is the most widely used tool of monetary policy

Question # 10

The money called legal tender includes.

Question # 11

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

Question # 12

10-Rupees note is issued by

Question # 13

Commercial banks are able to create money by

Question # 14

Bank Prepare their balace sheet.

Question # 15

It creates credit

Question # 16

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

Question # 17

Every country establishes central bank to

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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 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
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 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
5 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
6 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
7 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
8 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
9 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
10 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card

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