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

The following is not a bank liability.

Question # 2

Commercial banks accept deposits and provide

Question # 3

Demand deposit are

Question # 4

Whcih organisation controls the banking system to most countries.

Question # 5

Out following the only recognised legal tender is

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

The following is not a bank liability.

Question # 8

10-Rupees note is issued by

Question # 9

Whis is the most widely used tool of monetary policy

Question # 10

Credit money is created by

Question # 11

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

Question # 12

The money called legal tender includes.

Question # 13

It is NOT an instrument of moneatry policy

Question # 14

Demand depostis are.

Question # 15

State bank was established in .

Question # 16

Which is considered liablility by a bank

Question # 17

Demand deposite mean

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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 are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
2 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
3 Which is a function of commercial bank
A. Acting as a govt. banker
B. Fixing the exchange rate
C. Making loans
D. Issueing bank notes
4 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
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 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
7 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
8 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
9 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
10 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy

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