Bank System Test 04 Preparation Online Leave a Comment / Economics / By Shani Malik Bank System Test 04 Preparation Online 1. Which type of card is not issued by commercial banks?A. Credit card B. Green cardC. Debit cardD. ATM card Loading... 2. Most important source of income of commercial banks is?A. Income from reserves B. Income from collecting utility bills C. Interest charged on loans D. Profit erned on investments Loading... 3. Market rate of interest is?A. Always lower than discount rate B. May be higher or lower than discount rateC. Both are equal D. Always higher than discount rate Loading... 4. If you borrow from a bank the amount which the bank charges is called?A. Interest rate B. Borrowing rateC. Bank rate D. Discount rate Loading... 5. The rate charged by a central bank on loans is called?A. Market rate B. Discount rateC. Lending rateD. Tax rate Loading... 6. Which type of card is not issued by central banks?A. Debit cardB. Credit cardC. None is issued y itD. ATM card Loading... 7. Changes in discount rate are brought about by State Bank to?A. Control inflation B. Increase earnings of the bank C. Increase investment activityD. (a) and (b) of above Loading... 8. Short term loans can be obtained in?A. Capital marketB. Stock market C. Money market D. All the markets Loading... 9. 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. Profit-loss accountD. Demand deposit Loading... 10. Select the true statement?A. The central bank does not charge interest on loans to banks B. None is trueC. The central bank does not advance loans to commercial banks D. The central bank charges high interest rate on loans to commercial banks Loading... Loading... Related NTS Results Post:Urogenital System Test 07 Preparation OnlineUrogenital System Test 05 Preparation OnlineUrogenital System Test 01 Preparation OnlineUrogenital System Test 08 Preparation OnlineUrogenital System Test 02 Preparation OnlineUrogenital System Test 09 Preparation OnlineUrogenital System Test 03 Preparation OnlineUrogenital System Test 04 Preparation Online
