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

State bank was established in .

Question # 2

An asset is liquid when it is

Question # 3

Demand deposit are

Question # 4

Demand deposite are

Question # 5

Whcih organisation controls the banking system to most countries.

Question # 6

Cash cannot be directly obtaines from a bank against

Question # 7

The money called legal tender includes.

Question # 8

Central banks rate of lending to commercial banks is called.

Question # 9

Whcih type of card is not issued by commmercial banks

Question # 10

Whis is the most widely used tool of monetary policy

Question # 11

Credit money is created by

Question # 12

Which is the sourceof interest for a bank

Question # 13

Which is a function of commercial bank

Question # 14

Which type of cheque is more safe for transfer of money

Question # 15

Demand deposite mean

Question # 16

Monetary pollicy has the objective

Question # 17

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money 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 Balance sheet of a bank has two parts
A. Supply and demand for deposits
B. Supply and demand of Advances
C. Assests and liablilities
D. Cash Reserves and loans
2 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
3 Which type of card is not issued by central banks
A. Credi card
B. Debit card
C. ATM Card
D. None is issued by it
4 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
5 Demand deposite mean
A. Saving account
B. Chequeable deposits
C. Profit loss account
D. Time deposits
6 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
7 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
8 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
9 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
10 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

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