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

Demand depostis are.

Question # 2

Bank Prepare their balace sheet.

Question # 3

Whcih type of card is not issued by commmercial banks

Question # 4

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

Question # 5

Every country establishes central bank to

Question # 6

Credit money is created by

Question # 7

Out following the only recognised legal tender is

Question # 8

It is NOT an instrument of moneatry policy

Question # 9

Every country establishes centralbank to

Question # 10

Central banks rate of lending to commericalbanks is called.

Question # 11

Whcih organisation controls the banking system to most countries.

Question # 12

The money called legal tender includes.

Question # 13

Short term loans can be obtained in.

Question # 14

Which type of cheque is least safe for transfer of money

Question # 15

It creates credit

Question # 16

Demand deposit are

Question # 17

Monetary pollicy has the objective

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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 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
2 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
3 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
4 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
5 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
6 If a person is more intrested to earn income he shud deposit his money in
A. Demand deposits
B. Time deposit
C. Saving account
D. Profit loss account
7 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
8 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
9 Credit money is created by
A. Exchange bank
B. Commerical Bank
C. Finance companies
D. None of the above
10 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque

Test Questions

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