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

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Question # 1

State Bank policy of regulating intrst rate is called.

Question # 2

It is NOT an instrument of moneatry policy

Question # 3

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

Question # 4

Cash cannot be directly obtaines from a bank against

Question # 5

Which is a function of commercial bank

Question # 6

Commercial banks are able to create money by

Question # 7

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

Question # 8

Whcih organisation controls the banking system to most countries.

Question # 9

It creates credit

Question # 10

The money called legal tender includes.

Question # 11

Central banks rate of lending to commericalbanks is called.

Question # 12

The bank can give loans

Question # 13

Which is a monetary measure to increase employment.

Question # 14

Acting as lender of last resort a cenral bank lend to.

Question # 15

Demand deposite are

Question # 16

Central banks rate of lending to commercial banks is called.

Question # 17

Credit money is created by

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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 deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
2 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
3 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
4 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
5 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
6 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
7 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
8 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
9 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
10 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above

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