Question # 1

If a person is more intrested to earn income he shud deposit his money in

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Demand deposits

Time deposit

Saving account

Profit loss account

State bank was established in .

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1948

1950

1952

1954

State bank of Pakistan is run by

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Board of directors

Board of managers

Board of govenors

Board of bankers

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

10-Rupees note is issued by

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National Bank

State Bank

Govt. of Pakistan

Governer State bank

Profit and losss sharing is basis of finance under this system.

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Islamic

Capitalistic

Socialistic

None

State Bank policy of regulating intrst rate is called.

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Monetary policy

Commerical policy

Banking policy

Fiscal policy

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

It creates credit

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Central Bank

Commercial Bank

Government

Stock exchange

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

Credit money is controlled by

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Central bank

Market forces

Commercial Bank

Government

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Icom Part 2 Principles of Economics Chapter 5 English Medium Online Test MCQs With Answers

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