12th class Economics chapter 5 online mcq test with answers for ICS part 2 Economics chapter 5 (Banks)

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 5 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	It is NOT an instrument of moneatry policy	A. Discount Rate B. Open market operation C. Change in reserve ratio D. Issue notes
2	Treasury bill is used for	A. Getting short term loans by central bank B. Getting long term loans C. Collecting govt. taxes D. Make payments of utility bills
3	Cash cannot be directly obtaines from a bank against	A. Cross cheque B. Order cheque C. bearer cheque D. Traveller cheque
4	Monetary pollicy has the objective	A. Decrease unemployment rate B. Decrease tax rate C. Decreases inflation rate D. a and c of the above
5	Credit money is created by	A. Central bank B. Commercial Bank C. Government D. All of the above
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	Which is considered liablility by a bank	A. Loans B. Bank building and equipment C. Time deposit D. Securities
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	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
10	The money called legal tender includes.	A. Currency notes and credit cards B. Currency notes and bank deposits C. Currency notes and coins D. Currency notes and cheques