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Online Tests
ICS Part 2 Economics English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
Demand depostis are.
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Money
Banks notes
Legal money
Considerd and near money
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Question # 2
Which type of cheque is more safe for transfer of money
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Cross cheque
Order cheque
Traveller cheque
Bearer cheque
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Question # 3
Demand deposit are
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Money
Bank note
Legal Money
Considered to near money
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Question # 4
Cash cannot be directly obtaines from a bank against
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Cross cheque
Order cheque
bearer cheque
Traveller cheque
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Question # 5
It creates credit
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Central Bank
Commercial Bank
Government
Stock exchange
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Question # 6
10-Rupees note is issued by
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National Bank
State Bank
Govt. of Pakistan
Governer State bank
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Question # 7
Acting as lender of last resort a cenral bank lend to.
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Money market
Stock exchange
Commercial Bank
Does not lend
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Question # 8
A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.
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25 m
10 m
5 m
0 m
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Question # 9
Credit money is created by
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Central bank
Commercial Bank
Government
All of the above
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Question # 10
It is NOT an instrument of moneatry policy
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Discount Rate
Open market operation
Change in reserve ratio
Issue notes
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Question # 11
State bank of Pakistan is run by
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Board of directors
Board of managers
Board of govenors
Board of bankers
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Question # 12
Demand deposite mean
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Saving account
Chequeable deposits
Profit loss account
Time deposits
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Question # 13
Which is the sourceof interest for a bank
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Advances
Bills discounted
Investments
All
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Question # 14
An asset is liquid when it is
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Being traded frequnetly
Earning a good rate of return
Is money or easily converted into money
All of the above
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Question # 15
State bank was established in .
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1948
1950
1952
1954
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Question # 16
Every country establishes central bank to
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Issue currency
To establish commercial bank
Toprepare governemnt budget
All of the of above
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Question # 17
Bank Prepare their balace sheet.
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Weekly
Monthly
Quarterly
Annualy
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