ICS Part 2 Economics English Medium Chapter 5 Online Test With Answers

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ICS Part 2 Economics English Medium Chapter 5 Online Test

Sr. # Questions Answers Choice
1 Which is the sourceof interest for a bank Advances Bills discounted Investments All
2 The following is not a bank liability. Demand deposit Time deposit Loan Saving Deposit
3 A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits 0 5 m 10 m 25 m
4 An asset is liquid when it is Being traded frequnetly Earning a good rate of return Is money or easily converted into money All of the above
5 Demand deposite are Bank notes Money Considered as ner money Legal money
6 The following is not a bank liability. Demand Deposit Time deposit Loans Saving Deposit
7 A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite. 25 m 10 m 5 m 0 m
8 Demand deposit are Money Bank note Legal Money Considered to near money
9 Demand depostis are. Money Banks notes Legal money Considerd and near money
10 Balance sheet of a bank has two parts Supply and demand for deposits Supply and demand of Advances Assests and liablilities Cash Reserves and loans
11 Bank Prepare their balace sheet. Weekly Monthly Quarterly Annualy
12 Banks discout it and advance loans. Draft Bill of exchange Pay Order Gold
13 The bank can give loans Unlimited Equal to deposites less than deposits More dhan deposits
14 Commercial banks accept deposits and provide Money Loans Bill of exchange
15 Cash cannot be directly obtaines from a bank against Cross cheque Order cheque bearer cheque Traveller cheque
16 Profit and losss sharing is basis of finance under this system. Islamic Capitalistic Socialistic None
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