Economics Bank System Test 04 Preparation Online Bank System Test 04 Preparation Online 1. Which type of card is not issued by commercial banks?A. Debit cardB. ATM card C. Green cardD. Credit card Loading... 2. 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... 3. Market rate of interest is?A. May be higher or lower than discount rateB. Always higher than discount rate C. Both are equal D. Always lower than discount rate Loading... 4. Most important source of income of commercial banks is?A. Interest charged on loans B. Income from collecting utility bills C. Income from reserves D. Profit erned on investments Loading... 5. Short term loans can be obtained in?A. Money market B. Stock market C. Capital marketD. All the markets Loading... 6. Changes in discount rate are brought about by State Bank to?A. (a) and (b) of aboveB. Control inflation C. Increase investment activityD. Increase earnings of the bank Loading... 7. Select the true statement?A. The central bank does not advance loans to commercial banks B. The central bank does not charge interest on loans to banks C. None is trueD. The central bank charges high interest rate on loans to commercial banks Loading... 8. If you borrow from a bank the amount which the bank charges is called?A. Bank rate B. Interest rate C. Borrowing rateD. Discount rate Loading... 9. The rate charged by a central bank on loans is called?A. Lending rateB. Market rate C. Discount rateD. Tax rate Loading... 10. Which type of card is not issued by central banks?A. Credit cardB. None is issued y itC. Debit cardD. ATM card 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 Preparation Continue Reading Previous Bank System Test 03 Preparation OnlineNext Bank System Test 05 Preparation Online Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ