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

The following is not a bank liability.

Question # 2

Which is a function of commercial bank

Question # 3

Demand deposite are

Question # 4

Demand deposit are

Question # 5

Balance sheet of a bank has two parts

Question # 6

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

Question # 7

Which is considered liablility by a bank

Question # 8

Whcih organisation controls the banking system to most countries.

Question # 9

Short term loans can be obtained in.

Question # 10

State Bank policy of regulating intrst rate is called.

Question # 11

A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.

Question # 12

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

Question # 13

Which is the sourceof interest for a bank

Question # 14

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

Question # 15

It creates credit

Question # 16

Bank Prepare their balace sheet.

Question # 17

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

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5th Chapter

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 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
2 Bank Prepare their balace sheet.
A. Weekly
B. Monthly
C. Quarterly
D. Annualy
3 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
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 A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits
A. 0
B. 5 m
C. 10 m
D. 25 m
6 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
7 Which is a function of commercial bank
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
8 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
9 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
10 Whis is the most widely used tool of monetary policy
A. Open market operation
B. Clearing house
C. Discount rate
D. Issuing of the note

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