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

10-Rupees note is issued by

Question # 2

Demand deposite are

Question # 3

Commercial banks accept deposits and provide

Question # 4

Whcih organisation controls the banking system to most countries.

Question # 5

The bank can give loans

Question # 6

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

Question # 7

Credit money is controlled by

Question # 8

Every country establishes centralbank to

Question # 9

The following is not a bank liability.

Question # 10

Monetary pollicy has the objective

Question # 11

The money called legal tender includes.

Question # 12

Demand deposite mean

Question # 13

Commercial banks are able to create money by

Question # 14

Whis is the most widely used tool of monetary policy

Question # 15

Which is considered liablility by a bank

Question # 16

An asset is liquid when it is

Question # 17

State bank of Pakistan is run by

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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 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
2 Out following the only recognised legal tender is
A. Cheque
B. Currency notes and coins
C. Notes and cheques
D. Credit card
3 When a commercial bank creaes credite. Its immediate effect is tha tit raises.
A. The exchange rate
B. The money supply
C. The interest rate
D. The real national income
4 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
5 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
6 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
7 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
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 Which type of cheque is least safe for transfer of money
A. Bearer cheque
B. Traveller cheque
C. Order cheque
D. Cross cheque
10 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

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