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

It is NOT an instrument of moneatry policy

Question # 2

Which is a monetary measure to increase employment.

Question # 3

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

Question # 4

Whis is the most widely used tool of monetary policy

Question # 5

Credit money is controlled by

Question # 6

It creates credit

Question # 7

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

Question # 8

Demand deposite are

Question # 9

Which type of card is not issued by central banks

Question # 10

Monetary pollicy has the objective

Question # 11

Which is considered liablility by a bank

Question # 12

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

Question # 13

Which type of cheque is more safe for transfer of money

Question # 14

Every country establishes centralbank to

Question # 15

Balance sheet of a bank has two parts

Question # 16

The bank can give loans

Question # 17

Commercial banks accept deposits and provide

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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 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
2 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
3 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
4 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
5 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
6 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
7 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
8 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
9 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
10 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money

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