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 of Pakistan is run by

Question # 2

Demand deposite mean

Question # 3

Demand deposite are

Question # 4

An asset is liquid when it is

Question # 5

Short term loans can be obtained in.

Question # 6

Credit money is controlled by

Question # 7

Which is the sourceof interest for a bank

Question # 8

Commercial banks accept deposits and provide

Question # 9

Whcih organisation controls the banking system to most countries.

Question # 10

Central banks rate of lending to commercial banks is called.

Question # 11

The bank can give loans

Question # 12

Balance sheet of a bank has two parts

Question # 13

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

Question # 14

Central banks rate of lending to commericalbanks is called.

Question # 15

Treasury bill is used for

Question # 16

Credit money is created by

Question # 17

Which is considered liablility by 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 It is NOT an instrument of moneatry policy
A. Discount Rate
B. Open market operation
C. Change in reserve ratio
D. Issue notes
2 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
3 Commercial banks accept deposits and provide
A. Money
B. Loans
C. Bill of exchange
4 Commercial banks are able to create money by
A. Making loans
B. Printing Money
C. Moral suasion Selling government loans
D. Printing money
5 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
6 State Bank policy of regulating intrst rate is called.
A. Monetary policy
B. Commerical policy
C. Banking policy
D. Fiscal policy
7 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
8 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
9 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
10 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above

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