More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Economics Ics Part 2 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
Which type of card is not issued by central banks
Choose an answer
Credi card
Debit card
ATM Card
None is issued by it
Previous
Skip
Next
Question # 2
Bank Prepare their balace sheet.
Choose an answer
Weekly
Monthly
Quarterly
Annualy
Previous
Skip
Next
Question # 3
Short term loans can be obtained in.
Choose an answer
Money market
Capital market
Exchange market
Stock Market
Previous
Skip
Next
Question # 4
Every country establishes central bank to
Choose an answer
Issue currency
To establish commercial bank
Toprepare governemnt budget
All of the of above
Previous
Skip
Next
Question # 5
The money called legal tender includes.
Choose an answer
Currency notes and credit cards
Currency notes and bank deposits
Currency notes and coins
Currency notes and cheques
Previous
Skip
Next
Question # 6
Which type of cheque is least safe for transfer of money
Choose an answer
Bearer cheque
Traveller cheque
Order cheque
Cross cheque
Previous
Skip
Next
Question # 7
Credit money is created by
Choose an answer
Exchange bank
Commerical Bank
Finance companies
None of the above
Previous
Skip
Next
Question # 8
Profit and losss sharing is basis of finance under this system.
Choose an answer
Islamic
Capitalistic
Socialistic
None
Previous
Skip
Next
Question # 9
Every country establishes centralbank to
Choose an answer
Issue notes
Supervise commerical bank
Giveloans to businessmen
a and b of above
Previous
Skip
Next
Question # 10
A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits
Choose an answer
0
5 m
10 m
25 m
Previous
Skip
Next
Question # 11
If you borrow from a bak the amount which the bank charges is called.
Choose an answer
Interest rate
tax rate
discount rate
Market rate
Previous
Skip
Next
Question # 12
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
Previous
Skip
Next
Question # 13
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
Previous
Skip
Next
Question # 14
Cash cannot be directly obtaines from a bank against
Choose an answer
Cross cheque
Order cheque
bearer cheque
Traveller cheque
Previous
Skip
Next
Question # 15
Demand deposite are
Choose an answer
Bank notes
Money
Considered as ner money
Legal money
Previous
Skip
Next
Question # 16
Which is a function of commercial bank
Choose an answer
Acting as a govt. banker
Fixing the exchange rate
Making loans
Issueing bank notes
Previous
Skip
Next
Question # 17
The following is not a bank liability.
Choose an answer
Demand Deposit
Time deposit
Loans
Saving Deposit
Previous
Skip
Next
Back