ICS Part 2 Economics English Medium Chapter 5 Online Test

  • Medium English
  • Available questions50
  • Chapter Name5
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ICS Part 2 Economics English Medium Chapter 5 Online Test

  • Total Questions17

  • Time Allowed20

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ICS Part 2 Economics English Medium Chapter 5 Online Test

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Question # 1

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

Question # 2

Demand depostis are.

Question # 3

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

Question # 4

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

Question # 5

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

Question # 6

State bank was established in .

Question # 7

Central banks rate of lending to commercial banks is called.

Question # 8

Whcih type of card is not issued by commmercial banks

Question # 9

Out following the only recognised legal tender is

Question # 10

Which is considered liablility by a bank

Question # 11

Banks discout it and advance loans.

Question # 12

Demand deposite mean

Question # 13

Credit money is created by

Question # 14

Every country establishes central bank to

Question # 15

A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.

Question # 16

Balance sheet of a bank has two parts

Question # 17

The money called legal tender includes.

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