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

The money called legal tender includes.

Question # 2

Every country establishes central bank to

Question # 3

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

Question # 4

Credit money is controlled by

Question # 5

An asset is liquid when it is

Question # 6

The following is not a bank liability.

Question # 7

Bank Prepare their balace sheet.

Question # 8

Credit money is created by

Question # 9

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

Question # 10

10-Rupees note is issued by

Question # 11

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

Question # 12

Treasury bill is used for

Question # 13

Central banks rate of lending to commericalbanks is called.

Question # 14

Central banks rate of lending to commercial banks is called.

Question # 15

Demand depostis are.

Question # 16

The bank can give loans

Question # 17

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

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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 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
2 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
3 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
4 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
5 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
6 An asset is liquid when it is
A. Being traded frequnetly
B. Earning a good rate of return
C. Is money or easily converted into money
D. All of the above
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 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
9 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
10 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold

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