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

Which is the sourceof interest for a bank

Question # 2

Whcih organisation controls the banking system to most countries.

Question # 3

Which type of card is not issued by central banks

Question # 4

Every country establishes centralbank to

Question # 5

Balance sheet of a bank has two parts

Question # 6

Demand depostis are.

Question # 7

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

Question # 8

Which is a function of commercial bank

Question # 9

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

Question # 10

Central banks rate of lending to commercial banks is called.

Question # 11

Short term loans can be obtained in.

Question # 12

It is NOT an instrument of moneatry policy

Question # 13

Out following the only recognised legal tender is

Question # 14

Which type of cheque is more safe for transfer of money

Question # 15

Banks discout it and advance loans.

Question # 16

Cash cannot be directly obtaines from a bank against

Question # 17

Whcih type of card is not issued by commmercial banks

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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 An asset is liquid when it is
A. Being traded frequnetly
B. Earning a good rate of return
C. Is money or easily converted into money
D. All of the above
2 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
3 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
4 Every country establishes central bank to
A. Issue currency
B. To establish commercial bank
C. Toprepare governemnt budget
D. All of the of above
5 Central banks rate of lending to commericalbanks is called.
A. Interest rate
B. Discount rate
C. Money rate
D. Inflation rate
6 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
7 Credit money is controlled by
A. Central bank
B. Market forces
C. Commercial Bank
D. Government
8 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above
9 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
10 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

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