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

Commercial banks are able to create money by

Question # 2

Credit money is created by

Question # 3

Every country establishes central bank to

Question # 4

Demand depostis are.

Question # 5

Which is the sourceof interest for a bank

Question # 6

The following is not a bank liability.

Question # 7

Bank Prepare their balace sheet.

Question # 8

Which is a monetary measure to increase employment.

Question # 9

Central banks rate of lending to commercial banks is called.

Question # 10

Which is considered liablility by a bank

Question # 11

Which type of card is not issued by central banks

Question # 12

Credit money is controlled by

Question # 13

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

Question # 14

Demand deposite mean

Question # 15

Whis is the most widely used tool of monetary policy

Question # 16

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

Question # 17

Which type of cheque is least safe for transfer of money

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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 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
2 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
3 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
4 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
5 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
6 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
7 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
8 Cash cannot be directly obtaines from a bank against
A. Cross cheque
B. Order cheque
C. bearer cheque
D. Traveller cheque
9 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
10 Whis is the most widely used tool of monetary policy
A. Open market operation
B. Clearing house
C. Discount rate
D. Issuing of the note

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