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

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

Question # 2

Credit money is created by

Question # 3

Every country establishes centralbank to

Question # 4

Monetary pollicy has the objective

Question # 5

Which is a monetary measure to increase employment.

Question # 6

Credit money is created by

Question # 7

Which is the sourceof interest for a bank

Question # 8

Cash cannot be directly obtaines from a bank against

Question # 9

Whcih organisation controls the banking system to most countries.

Question # 10

Which type of cheque is more safe for transfer of money

Question # 11

Bank Prepare their balace sheet.

Question # 12

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

Question # 13

Which type of cheque is least safe for transfer of money

Question # 14

The bank can give loans

Question # 15

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

Question # 16

Central banks rate of lending to commercial banks is called.

Question # 17

Whcih type of card is not issued by commmercial banks

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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 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
2 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
3 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
4 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
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 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 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
8 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
9 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
10 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend

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