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

Whcih type of card is not issued by commmercial banks

Question # 2

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

Question # 3

It is NOT an instrument of moneatry policy

Question # 4

Which is a monetary measure to increase employment.

Question # 5

The money called legal tender includes.

Question # 6

State Bank policy of regulating intrst rate is called.

Question # 7

Demand deposite mean

Question # 8

Which type of cheque is least safe for transfer of money

Question # 9

Whis is the most widely used tool of monetary policy

Question # 10

Every country establishes central bank to

Question # 11

Treasury bill is used for

Question # 12

An asset is liquid when it is

Question # 13

Short term loans can be obtained in.

Question # 14

Commercial banks are able to create money by

Question # 15

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

Question # 16

Credit money is created by

Question # 17

10-Rupees note is issued by

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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 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
2 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
3 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
4 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
5 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
6 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
7 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
8 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
9 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
10 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange

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