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

Banks discout it and advance loans.

Question # 2

Central banks rate of lending to commercial banks is called.

Question # 3

Treasury bill is used for

Question # 4

10-Rupees note is issued by

Question # 5

Credit money is controlled by

Question # 6

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

Question # 7

Cash cannot be directly obtaines from a bank against

Question # 8

The money called legal tender includes.

Question # 9

Credit money is created by

Question # 10

Which is the sourceof interest for a bank

Question # 11

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

Question # 12

It is NOT an instrument of moneatry policy

Question # 13

Whis is the most widely used tool of monetary policy

Question # 14

Short term loans can be obtained in.

Question # 15

Demand deposit are

Question # 16

Which type of card is not issued by central banks

Question # 17

Demand depostis 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 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
2 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
3 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
4 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
5 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
6 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
7 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
8 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
9 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
10 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange

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