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Online Tests
Economics Ics Part 2 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
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 # 2
Central banks rate of lending to commericalbanks is called.
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Interest rate
Discount rate
Money rate
Inflation rate
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Question # 3
Bank Prepare their balace sheet.
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Weekly
Monthly
Quarterly
Annualy
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Question # 4
If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
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Demand deposits
Tiem deposit
Saving account
Profit loss account
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Question # 5
Every country establishes centralbank to
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Issue notes
Supervise commerical bank
Giveloans to businessmen
a and b of above
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Question # 6
Banks discout it and advance loans.
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Draft
Bill of exchange
Pay Order
Gold
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Question # 7
Credit money is controlled by
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Central bank
Market forces
Commercial Bank
Government
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Question # 8
The following is not a bank liability.
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Demand Deposit
Time deposit
Loans
Saving Deposit
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Question # 9
Which is a monetary measure to increase employment.
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Increase in govt expenditure
Reduce govt expenditure
Increase in interest rate
Reducing intrest rate
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Question # 10
Whis is the most widely used tool of monetary policy
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Open market operation
Clearing house
Discount rate
Issuing of the note
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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
State Bank policy of regulating intrst rate is called.
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Monetary policy
Commerical policy
Banking policy
Fiscal policy
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Question # 13
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 # 14
Monetary pollicy has the objective
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Decrease unemployment rate
Decrease tax rate
Decreases inflation rate
a and c of the above
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Question # 15
A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits
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0
5 m
10 m
25 m
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Question # 16
Commercial banks accept deposits and provide
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Money
Loans
Bill of exchange
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Question # 17
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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