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Online Tests
ICS Part 2 Economics English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
Which is considered liablility by a bank
Choose an answer
Loans
Bank building and equipment
Time deposit
Securities
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Question # 2
The following is not a bank liability.
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Demand deposit
Time deposit
Loan
Saving Deposit
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Question # 3
Demand depostis are.
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Money
Banks notes
Legal money
Considerd and near money
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Question # 4
Every country establishes centralbank to
Choose an answer
Issue notes
Supervise commerical bank
Giveloans to businessmen
a and b of above
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Question # 5
The following is not a bank liability.
Choose an answer
Demand Deposit
Time deposit
Loans
Saving Deposit
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Question # 6
Which type of card is not issued by central banks
Choose an answer
Credi card
Debit card
ATM Card
None is issued by it
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Question # 7
10-Rupees note is issued by
Choose an answer
National Bank
State Bank
Govt. of Pakistan
Governer State bank
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Question # 8
Commercial banks accept deposits and provide
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Money
Loans
Bill of exchange
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Question # 9
When a commercial bank creaes credite. Its immediate effect is tha tit raises.
Choose an answer
The exchange rate
The money supply
The interest rate
The real national income
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Question # 10
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 # 11
It creates credit
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Central Bank
Commercial Bank
Government
Stock exchange
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Question # 12
Treasury bill is used for
Choose an answer
Getting short term loans by central bank
Getting long term loans
Collecting govt. taxes
Make payments of utility bills
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Question # 13
Which is a monetary measure to increase employment.
Choose an answer
Increase in govt expenditure
Reduce govt expenditure
Increase in interest rate
Reducing intrest rate
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Question # 14
Central banks rate of lending to commercial banks is called.
Choose an answer
Money rate
Control rate
Intrested rate
Discount rate
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Question # 15
The money called legal tender includes.
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Currency notes and credit cards
Currency notes and bank deposits
Currency notes and coins
Currency notes and cheques
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Question # 16
State Bank policy of regulating intrst rate is called.
Choose an answer
Monetary policy
Commerical policy
Banking policy
Fiscal policy
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Question # 17
Which type of cheque is least safe for transfer of money
Choose an answer
Bearer cheque
Traveller cheque
Order cheque
Cross cheque
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Question # 18
A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.
Choose an answer
25 m
10 m
5 m
0 m
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