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

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Question # 1

Cash cannot be directly obtaines from a bank against

Question # 2

State Bank policy of regulating intrst rate is called.

Question # 3

Which is considered liablility by a bank

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

Bank Prepare their balace sheet.

Question # 8

The bank can give loans

Question # 9

Treasury bill is used for

Question # 10

Which is a monetary measure to increase employment.

Question # 11

Which is a function of commercial bank

Question # 12

Whis is the most widely used tool of monetary policy

Question # 13

Which type of cheque is least safe for transfer of money

Question # 14

Demand depostis are.

Question # 15

Every country establishes centralbank to

Question # 16

Commercial banks accept deposits and provide

Question # 17

Out following the only recognised legal tender 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 the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
2 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
3 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
4 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
5 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
6 Which type of card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
7 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
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 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
10 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money

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