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Online Tests
ICS Part 2 Economics English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
Which is considered liablility by a bank
Choose an answer
Loans
Bank building and equipment
Time deposit
Securities
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Question # 2
It is NOT an instrument of moneatry policy
Choose an answer
Discount Rate
Open market operation
Change in reserve ratio
Issue notes
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Question # 3
The following is not a bank liability.
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Demand Deposit
Time deposit
Loans
Saving Deposit
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Question # 4
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 # 5
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
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Question # 6
Credit money is created by
Choose an answer
Exchange bank
Commerical Bank
Finance companies
None of the above
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Question # 7
Monetary pollicy has the objective
Choose an answer
Decrease unemployment rate
Decrease tax rate
Decreases inflation rate
a and c of the above
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Question # 8
State bank was established in .
Choose an answer
1948
1950
1952
1954
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Question # 9
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
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Question # 10
Treasury bill is used for
Choose an answer
Getting short term loans by central bank
Getting long term loans
Collecting govt. taxes
Make payments of utility bills
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Question # 11
Which type of card is not issued by central banks
Choose an answer
Credi card
Debit card
ATM Card
None is issued by it
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Question # 12
Whis is the most widely used tool of monetary policy
Choose an answer
Open market operation
Clearing house
Discount rate
Issuing of the note
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Question # 13
Commercial banks are able to create money by
Choose an answer
Making loans
Printing Money
Moral suasion Selling government loans
Printing money
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Question # 14
The bank can give loans
Choose an answer
Unlimited
Equal to deposites
less than deposits
More dhan deposits
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Question # 15
If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.
Choose an answer
Demand deposits
Tiem deposit
Saving account
Profit loss account
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Question # 16
Balance sheet of a bank has two parts
Choose an answer
Supply and demand for deposits
Supply and demand of Advances
Assests and liablilities
Cash Reserves and loans
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Question # 17
Demand deposit are
Choose an answer
Money
Bank note
Legal Money
Considered to near money
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