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

Balance sheet of a bank has two parts

Question # 2

Whcih type of card is not issued by commmercial banks

Question # 3

State bank of Pakistan is run by

Question # 4

State Bank policy of regulating intrst rate is called.

Question # 5

Out following the only recognised legal tender is

Question # 6

Commercial banks accept deposits and provide

Question # 7

Demand deposite mean

Question # 8

Monetary pollicy has the objective

Question # 9

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

Question # 10

Demand deposite are

Question # 11

Every country establishes centralbank to

Question # 12

It is NOT an instrument of moneatry policy

Question # 13

Every country establishes central bank to

Question # 14

Credit money is controlled by

Question # 15

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

Question # 16

The following is not a bank liability.

Question # 17

Central banks rate of lending to commercial banks is called.

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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 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
2 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
3 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
4 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
5 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
6 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
7 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
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 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
10 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money

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