Central Bank Test 03 Online Preparation

1. Out of the following the only recognized legal tender is:

Cheque

Bank notes and cheques

Bank notes and coins

Credit card

Question 1 of 10

2. Open market operations is:

Buying and selling bills of exchange

Buying and selling govt. securities

Buying and selling shares of companies

Buying and selling foreign exchange

Question 2 of 10

3. Monetary policy has the objective:

Decrease unemployment rate

Decrease tax rate

Decrease inflation rate

All of the above

Question 3 of 10

4. Every country establishes central bank :

Issue currency

To prepare government budget

To establish commercial banks

All of the above

Question 4 of 10

5. It is a monetary employment:

Increase in govt. expenditure

Increase govt. saving

Increase in interest rate

Reducing interest rate

Question 5 of 10

6. In order to reduce consumer borrowing:

Bank deposits are increased

Incomes of govt. employees are reduced

Interest rate is increased

Foreign exchange rate is reduced

Question 6 of 10

7. Which organisation controls the banking system:

Central bank

Investment Bank

Provincial bank

World Bank

Question 7 of 10

8. The money called legal tender includes:

Currency notes and credit cards

Currency notes and coins

Currency notes and cheque

Currency notes and bank deposits

Question 8 of 10

9. Open market operations refer to:

Buying and selling of foreign currencies

Buying and selling of goods in free market

Buying and selling shares in stock market

Buying and selling govt. securities

Question 9 of 10

10. If SLR (statutory liquidity ratio) is 20% and a bank gets a new deposit of 10 million, the total increase in its deposits can rise up to:

20 millions

200 million

50 millions

100 million

Question 10 of 10

Central Bank Test 03 Online Preparation

Leave a Reply Cancel reply