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

Central banks rate of lending to commercial banks is called.

Question # 2

Credit money is created by

Question # 3

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

Question # 4

Central banks rate of lending to commericalbanks is called.

Question # 5

Credit money is created by

Question # 6

Whcih organisation controls the banking system to most countries.

Question # 7

Which type of cheque is more safe for transfer of money

Question # 8

Demand depostis are.

Question # 9

Whis is the most widely used tool of monetary policy

Question # 10

It creates credit

Question # 11

Every country establishes central bank to

Question # 12

Monetary pollicy has the objective

Question # 13

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

Question # 14

Out following the only recognised legal tender is

Question # 15

The bank can give loans

Question # 16

Which type of card is not issued by central banks

Question # 17

State bank was established in .

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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 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
2 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
3 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
4 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
5 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
6 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
7 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
8 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
9 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
10 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market

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