Economics Bank System Test 01 Preparation Online 0 Bank System Test 01 Preparation Online 1. Banks discount it and advance loans?A. Pay orderB. GoodC. Bill of exchangeD. Draft 2. The banks can give loans?A. More than depositsB. Equal to deposits C. UnlimitedD. Less than deposits 3. When banks prepare their balance sheets, they show the money lent in?A. Both assets and liabilitiesB. None of theseC. AssetsD. Liabilities 4. Commercial banks accept deposits and provide?A. MoneyB. ChequeC. LoansD. Bill of exchange 5. The power of a bank to create credit is affected by?A. Both (a) & (b)B. The cash reserve requirementC. The number of branches of a bankD. The amount of cash available 6. Demand deposits are?A. Legal moneyB. Money (they can be used to make payments)C. Bank notesD. Considered as near money 7. Profit and loss-sharing is an element of this system?A. SocialisticB. None of theseC. CapitalisticD. Islamic 8. Balance sheet of a bank has two parts?A. Supply and demand of advancesB. Assets and liabilitiesC. Cash reserves and loansD. Supply and demand for deposits 9. Cash cannot be obtained from bank against?A. Cross chequeB. Order chequeC. Traveller chequeD. Bearer cheque 10. Banks prepare their balance sheet?A. QuarterlyB. WeeklyC. AnnuallyD. Monthly Loading... Related PostsBank System Test 05 Preparation OnlineBank System Test 06 Preparation OnlineBank System Test 02 Preparation OnlineBank System Test 03 Preparation OnlineBank System Test 04 Preparation OnlineCentral Bank Test 03 Online PreparationCentral Bank Test 02 Online PreparationCentral Bank Test 01 Online PreparationInformation System MCQs Test 01 Online for PreparationInformation System MCQs Test 02 Online for Preparation Continue Reading Previous Economics and Commercial Geography Test 03 Preparation OnlineNext Bank System Test 02 Preparation Online More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ
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