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

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

Question # 2

Which is the sourceof interest for a bank

Question # 3

Demand deposit are

Question # 4

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

Question # 5

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Question # 6

Which is a function of commercial bank

Question # 7

The bank can give loans

Question # 8

The following is not a bank liability.

Question # 9

Credit money is created by

Question # 10

Monetary pollicy has the objective

Question # 11

The money called legal tender includes.

Question # 12

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

Question # 13

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

Question # 14

State bank of Pakistan is run by

Question # 15

Bank Prepare their balace sheet.

Question # 16

Commercial banks accept deposits and provide

Question # 17

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

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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 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
2 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
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 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
5 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
6 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
7 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
8 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
9 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
10 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

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