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

Every country establishes centralbank to

Question # 2

The following is not a bank liability.

Question # 3

Commercial banks accept deposits and provide

Question # 4

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

Question # 5

If you borrow from a bak the amount which the bank charges is called.

Question # 6

Which type of cheque is more safe for transfer of money

Question # 7

If a person is more intrested to earn income he shud deposit his money in

Question # 8

Credit money is created by

Question # 9

It is NOT an instrument of moneatry policy

Question # 10

Commercial banks are able to create money by

Question # 11

Every country establishes central bank to

Question # 12

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

Question # 13

Demand depostis are.

Question # 14

Profit and losss sharing is basis of finance under this system.

Question # 15

Which is a monetary measure to increase employment.

Question # 16

Credit money is created by

Question # 17

Demand deposite are

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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 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
2 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
3 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
4 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
5 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
6 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
7 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
8 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
9 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
10 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above

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