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

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Question # 1

It creates credit

Question # 2

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

Question # 3

Which is a function of commercial bank

Question # 4

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

Question # 5

A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits

Question # 6

Demand deposite mean

Question # 7

Whcih type of card is not issued by commmercial banks

Question # 8

Which type of cheque is more safe for transfer of money

Question # 9

It is NOT an instrument of moneatry policy

Question # 10

Cash cannot be directly obtaines from a bank against

Question # 11

Which is a monetary measure to increase employment.

Question # 12

Whcih organisation controls the banking system to most countries.

Question # 13

State bank was established in .

Question # 14

Credit money is controlled by

Question # 15

Short term loans can be obtained in.

Question # 16

State Bank policy of regulating intrst rate is called.

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 creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
2 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
3 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
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 cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
6 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
7 Whcih organisation controls the banking system to most countries.
A. Central Bank
B. Commercial bank
C. Investment bankWorld bank
8 Monetary pollicy has the objective
A. Decrease unemployment rate
B. Decrease tax rate
C. Decreases inflation rate
D. a and c of the above
9 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
10 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above

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