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Online Tests
Economics Ics Part 2 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
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 # 2
It creates credit
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Central Bank
Commercial Bank
Government
Stock exchange
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Question # 3
Credit money is created by
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Exchange bank
Commerical Bank
Finance companies
None of the above
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Question # 4
Central banks rate of lending to commercial banks is called.
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Money rate
Control rate
Intrested rate
Discount rate
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Question # 5
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 # 6
Demand deposite are
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Bank notes
Money
Considered as ner money
Legal money
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Question # 7
Whcih type of card is not issued by commmercial banks
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Credit card
Green card
ATM Card
Debit card
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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.
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The exchange rate
The money supply
The interest rate
The real national income
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Question # 10
Which type of cheque is least safe for transfer of money
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Bearer cheque
Traveller cheque
Order cheque
Cross cheque
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Question # 11
Banks discout it and advance loans.
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Draft
Bill of exchange
Pay Order
Gold
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Question # 12
Bank Prepare their balace sheet.
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Weekly
Monthly
Quarterly
Annualy
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Question # 13
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 # 14
Short term loans can be obtained in.
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Money market
Capital market
Exchange market
Stock Market
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Question # 15
It is NOT an instrument of moneatry policy
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Discount Rate
Open market operation
Change in reserve ratio
Issue notes
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Question # 16
State bank was established in .
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1948
1950
1952
1954
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Question # 17
Credit money is controlled by
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Central bank
Market forces
Commercial Bank
Government
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Question # 18
The bank can give loans
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Unlimited
Equal to deposites
less than deposits
More dhan deposits
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