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

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

Question # 2

Banks discout it and advance loans.

Question # 3

10-Rupees note is issued by

Question # 4

State Bank policy of regulating intrst rate is called.

Question # 5

The money called legal tender includes.

Question # 6

Treasury bill is used for

Question # 7

The following is not a bank liability.

Question # 8

Cash cannot be directly obtaines from a bank against

Question # 9

Profit and losss sharing is basis of finance under this system.

Question # 10

Whcih organisation controls the banking system to most countries.

Question # 11

Which is the sourceof interest for a bank

Question # 12

Which type of cheque is more safe for transfer of money

Question # 13

Which is a monetary measure to increase employment.

Question # 14

Whcih type of card is not issued by commmercial banks

Question # 15

Every country establishes centralbank to

Question # 16

The following is not a bank liability.

Question # 17

Short term loans can be obtained 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 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
2 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
3 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
4 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
5 A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.
A. 25 m
B. 10 m
C. 5 m
D. 0 m
6 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
7 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
8 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
9 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
10 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold

Test Questions

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