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

Which type of cheque is more safe for transfer of money

Question # 2

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

Question # 3

State Bank policy of regulating intrst rate is called.

Question # 4

The money called legal tender includes.

Question # 5

Central banks rate of lending to commericalbanks is called.

Question # 6

Commercial banks accept deposits and provide

Question # 7

Balance sheet of a bank has two parts

Question # 8

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

Question # 9

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

Question # 10

Monetary pollicy has the objective

Question # 11

Demand deposite mean

Question # 12

An asset is liquid when it is

Question # 13

Central banks rate of lending to commercial banks is called.

Question # 14

Demand depostis are.

Question # 15

State bank of Pakistan is run by

Question # 16

Treasury bill is used for

Question # 17

Which is considered liablility by a bank

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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 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
2 If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
A. Demand deposits
B. Tiem deposit
C. Saving account
D. Profit loss account
3 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
4 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
5 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
6 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
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 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
9 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
10 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above

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