Economics Bank System Test 04 Preparation Online 0 Bank System Test 04 Preparation Online 1. If you borrow from a bank the amount which the bank charges is called?A. Borrowing rateB. Bank rate C. Discount rateD. Interest rate Loading... 2. Changes in discount rate are brought about by State Bank to?A. (a) and (b) of aboveB. Increase earnings of the bank C. Control inflation D. Increase investment activity Loading... 3. Market rate of interest is?A. May be higher or lower than discount rateB. Always lower than discount rate C. Both are equal D. Always higher than discount rate Loading... 4. Which type of card is not issued by commercial banks?A. Green cardB. ATM card C. Debit cardD. Credit card Loading... 5. Most important source of income of commercial banks is?A. Interest charged on loans B. Income from collecting utility bills C. Profit erned on investmentsD. Income from reserves Loading... 6. If a person is interested that his amount should be readily available as soon as he needs he should deposit his money in?A. Time deposit B. Saving account C. Demand deposit D. Profit-loss account Loading... 7. Select the true statement?A. The central bank does not advance loans to commercial banks B. None is trueC. The central bank does not charge interest on loans to banks D. The central bank charges high interest rate on loans to commercial banks Loading... 8. Short term loans can be obtained in?A. Money market B. Stock market C. Capital marketD. All the markets Loading... 9. The rate charged by a central bank on loans is called?A. Market rate B. Tax rateC. Discount rateD. Lending rate Loading... 10. Which type of card is not issued by central banks?A. ATM card B. Credit cardC. Debit cardD. None is issued y it Loading... Loading... Related PostsBank System Test 01 Preparation OnlineBank System Test 05 Preparation OnlineBank System Test 06 Preparation OnlineBank System Test 02 Preparation OnlineBank System Test 03 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 Bank System Test 03 Preparation OnlineNext Bank System Test 05 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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