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 intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Question # 2

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

Question # 3

Acting as lender of last resort a cenral bank lend to.

Question # 4

Central banks rate of lending to commercial banks is called.

Question # 5

It is NOT an instrument of moneatry policy

Question # 6

Demand depostis are.

Question # 7

Cash cannot be directly obtaines from a bank against

Question # 8

Balance sheet of a bank has two parts

Question # 9

Credit money is controlled by

Question # 10

Which is a monetary measure to increase employment.

Question # 11

Demand deposite are

Question # 12

Which is a function of commercial bank

Question # 13

The money called legal tender includes.

Question # 14

Whcih type of card is not issued by commmercial banks

Question # 15

Which is considered liablility by a bank

Question # 16

Banks discout it and advance loans.

Question # 17

Which is the sourceof interest for a bank

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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 The following is not a bank liability.
A. Demand deposit
B. Time deposit
C. Loan
D. Saving Deposit
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 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
4 Whcih type of card is not issued by commmercial banks
A. Credit card
B. Green card
C. ATM Card
D. Debit card
5 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
6 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
7 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
8 State bank of Pakistan is run by
A. Board of directors
B. Board of managers
C. Board of govenors
D. Board of bankers
9 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
10 The money called legal tender includes.
A. Currency notes and credit cards
B. Currency notes and bank deposits
C. Currency notes and coins
D. Currency notes and cheques

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