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

Which is a monetary measure to increase employment.

Question # 2

Whcih organisation controls the banking system to most countries.

Question # 3

Which type of cheque is more safe for transfer of money

Question # 4

Credit money is controlled by

Question # 5

The bank can give loans

Question # 6

Every country establishes centralbank to

Question # 7

Which is considered liablility by a bank

Question # 8

Short term loans can be obtained in.

Question # 9

The following is not a bank liability.

Question # 10

Treasury bill is used for

Question # 11

Which is the sourceof interest for a bank

Question # 12

The money called legal tender includes.

Question # 13

Every country establishes central bank to

Question # 14

Which type of cheque is least safe for transfer of money

Question # 15

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

Question # 16

It is NOT an instrument of moneatry policy

Question # 17

A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits

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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 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
2 10-Rupees note is issued by
A. National Bank
B. State Bank
C. Govt. of Pakistan
D. Governer State bank
3 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
4 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
5 An asset is liquid when it is
A. Being traded frequnetly
B. Earning a good rate of return
C. Is money or easily converted into money
D. All of the above
6 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
7 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
8 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
9 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
10 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954

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