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 policy of regulating intrst rate is called.

Question # 2

Which is a monetary measure to increase employment.

Question # 3

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

Question # 4

Commercial banks are able to create money by

Question # 5

The bank can give loans

Question # 6

Balance sheet of a bank has two parts

Question # 7

A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.

Question # 8

It creates credit

Question # 9

10-Rupees note is issued by

Question # 10

The following is not a bank liability.

Question # 11

Banks discout it and advance loans.

Question # 12

Central banks rate of lending to commericalbanks is called.

Question # 13

State bank of Pakistan is run by

Question # 14

The money called legal tender includes.

Question # 15

Which type of cheque is least safe for transfer of money

Question # 16

If you borrow from a bak the amount which the bank charges is called.

Question # 17

Central banks rate of lending to commercial banks is called.

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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 State bank was established in .
A. 1948
B. 1950
C. 1952
D. 1954
2 Banks discout it and advance loans.
A. Draft
B. Bill of exchange
C. Pay Order
D. Gold
3 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
4 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
5 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
6 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
7 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
8 Short term loans can be obtained in.
A. Money market
B. Capital market
C. Exchange market
D. Stock Market
9 If you borrow from a bak the amount which the bank charges is called.
A. Interest rate
B. tax rate
C. discount rate
D. Market rate
10 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above

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