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

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

Question # 2

Central banks rate of lending to commericalbanks is called.

Question # 3

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

Question # 4

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

Question # 5

State bank was established in .

Question # 6

Whcih type of card is not issued by commmercial banks

Question # 7

Which type of cheque is least safe for transfer of money

Question # 8

Credit money is created by

Question # 9

The following is not a bank liability.

Question # 10

Bank Prepare their balace sheet.

Question # 11

The following is not a bank liability.

Question # 12

10-Rupees note is issued by

Question # 13

Cash cannot be directly obtaines from a bank against

Question # 14

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

Question # 15

Credit money is created by

Question # 16

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

Question # 17

An asset is liquid when it is

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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 Which is a monetary measure to increase employment.
A. Increase in govt expenditure
B. Reduce govt expenditure
C. Increase in interest rate
D. Reducing intrest rate
2 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
3 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
4 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
5 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
6 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
7 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
8 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate
9 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
10 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange

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