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

Demand deposit are

Question # 2

Which type of cheque is more safe for transfer of money

Question # 3

Every country establishes centralbank to

Question # 4

State Bank policy of regulating intrst rate is called.

Question # 5

Commercial banks are able to create money by

Question # 6

The following is not a bank liability.

Question # 7

Treasury bill is used for

Question # 8

Banks discout it and advance loans.

Question # 9

Credit money is controlled by

Question # 10

It is NOT an instrument of moneatry policy

Question # 11

Which is considered liablility by a bank

Question # 12

The money called legal tender includes.

Question # 13

Which type of card is not issued by central banks

Question # 14

Which type of cheque is least safe for transfer of money

Question # 15

Demand deposite mean

Question # 16

Central banks rate of lending to commericalbanks is called.

Question # 17

Monetary pollicy has the objective

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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 When a commercial bank creaes credite. Its immediate effect is tha tit raises.
A. The exchange rate
B. The money supply
C. The interest rate
D. The real national income
2 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
3 A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.
A. 25 m
B. 10 m
C. 5 m
D. 0 m
4 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
5 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
6 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
7 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
8 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
9 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
10 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money

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