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

Bank Prepare their balace sheet.

Question # 2

Which is considered liablility by a bank

Question # 3

State Bank policy of regulating intrst rate is called.

Question # 4

Demand deposit are

Question # 5

An asset is liquid when it is

Question # 6

The money called legal tender includes.

Question # 7

Treasury bill is used for

Question # 8

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

Question # 9

Credit money is created by

Question # 10

Which type of cheque is more safe for transfer of money

Question # 11

Central banks rate of lending to commercial banks is called.

Question # 12

Out following the only recognised legal tender is

Question # 13

Which type of card is not issued by central banks

Question # 14

Short term loans can be obtained in.

Question # 15

Banks discout it and advance loans.

Question # 16

Which is a function of commercial bank

Question # 17

The bank can give loans

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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 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
2 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
3 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
4 The money called legal tender includes.
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques
5 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
6 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
7 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
8 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
9 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
10 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above

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