Economics Central Bank Test 03 Online Preparation Central Bank Test 03 Online Preparation 1. Out of the following the only recognized legal tender is:ChequeBank notes and chequesBank notes and coinsCredit cardQuestion 1 of 10 2. Open market operations is:Buying and selling bills of exchangeBuying and selling govt. securitiesBuying and selling shares of companiesBuying and selling foreign exchangeQuestion 2 of 10 3. Monetary policy has the objective:Decrease unemployment rateDecrease tax rateDecrease inflation rateAll of the aboveQuestion 3 of 10 4. Every country establishes central bank :Issue currency To prepare government budgetTo establish commercial banksAll of the aboveQuestion 4 of 10 5. It is a monetary employment:Increase in govt. expenditureIncrease govt. savingIncrease in interest rateReducing interest rateQuestion 5 of 10 6. In order to reduce consumer borrowing:Bank deposits are increasedIncomes of govt. employees are reducedInterest rate is increasedForeign exchange rate is reducedQuestion 6 of 10 7. Which organisation controls the banking system:Central bankInvestment BankProvincial bankWorld BankQuestion 7 of 10 8. The money called legal tender includes:Currency notes and credit cardsCurrency notes and coinsCurrency notes and cheque Currency notes and bank depositsQuestion 8 of 10 9. Open market operations refer to:Buying and selling of foreign currenciesBuying and selling of goods in free marketBuying and selling shares in stock marketBuying and selling govt. securitiesQuestion 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 million50 millions100 millionQuestion 10 of 10 Loading... Related PostsCentral Bank Test 02 Online PreparationCentral Bank Test 01 Online PreparationBank System Test 05 Preparation OnlineBank System Test 01 Preparation OnlineBank System Test 06 Preparation OnlineBank System Test 04 Preparation Online Continue Reading Previous Cost of Production Test 01 Preparation OnlineNext Central Bank Test 02 Online Preparation Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ