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

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Question # 1

Whcih type of card is not issued by commmercial banks

Question # 2

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

Question # 3

Treasury bill is used for

Question # 4

Cash cannot be directly obtaines from a bank against

Question # 5

Which is a function of commercial bank

Question # 6

Out following the only recognised legal tender is

Question # 7

Which is the sourceof interest for a bank

Question # 8

Whis is the most widely used tool of monetary policy

Question # 9

It creates credit

Question # 10

The money called legal tender includes.

Question # 11

Demand deposite are

Question # 12

A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits

Question # 13

Credit money is created by

Question # 14

Commercial banks accept deposits and provide

Question # 15

Demand depostis are.

Question # 16

Bank Prepare their balace sheet.

Question # 17

10-Rupees note is issued by

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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 The bank can give loans
A. Unlimited
B. Equal to deposites
C. less than deposits
D. More dhan deposits
2 It creates credit
A. Central Bank
B. Commercial Bank
C. Government
D. Stock exchange
3 When a commercial bank creaes credite. Its immediate effect is tha tit raises.
A. The exchange rate
B. The money supply
C. The interest rate
D. The real national income
4 Treasury bill is used for
A. Getting short term loans by central bank
B. Getting long term loans
C. Collecting govt. taxes
D. Make payments of utility bills
5 Balance sheet of a bank has two parts
A. Supply and demand for deposits
B. Supply and demand of Advances
C. Assests and liablilities
D. Cash Reserves and loans
6 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
7 Demand deposite are
A. Bank notes
B. Money
C. Considered as ner money
D. Legal money
8 Which is considered liablility by a bank
A. Loans
B. Bank building and equipment
C. Time deposit
D. Securities
9 If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
A. Demand deposits
B. Tiem deposit
C. Saving account
D. Profit loss account
10 Credit money is created by
A. Central bank
B. Commercial Bank
C. Government
D. All of the above

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