Economics Money Banking and International Trade Test 5 Mcqs Preparation Online 0 Money Banking and International Trade Test 5 Mcqs Preparation Online 1. In a bimetallic standard?A. Coinage as well as exports and imports of both the metals are free B. Both gold and silver coins circulate as unlimited legal tender C. Two metals (usually gold and silver) are simultaneously monetized and their monetary values are fixed as legal tender D. All of the above Loading... 2. Which of the following is not a part of the un-organised Indian money market?A. Chit funds B. Indigenous bankers C. Co-operative credit societies D. Money lenders Loading... 3. In which country was the instrument of minimum legal cash reserves ratio for banks first introduced?A. USA B. JapanC. Germany D. UK Loading... 4. The immediate effect of credit-creation by banks is?A. Increase in real national income B. Increase in money supply C. Reduction of povertyD. Rise in prices Loading... 5. Selective credit control devices are used by the central bank of a country to?A. Control the flow of aggregate bank credit to different productive activities in the economyB. Regulate credit-creation on the part of some selected banks C. Selectively allocate credit among banksD. Regulate the volume of aggregate bank credit in the economy Loading... 6. If there is a significant decrease in the demand for loans, banks will be forced to?A. Resort to creating credit B. Increase liquidityC. Sell securities to the public D. Adjust their protfolios Loading... 7. One of the following is an instrument of qualitative credit control. Identify it?A. Open-market operations B. Bank rate C. Minimum statutory cash reserves ratioD. Credit rationing Loading... 8. Open market operations refer to the buying and selling of?A. Foreign exchangeB. Government securitiesC. Commercial billsD. Gold Loading... 9. Which one of the following will reduce the capacity of commercial banks to lend?A. Purchase of securities by the Central bank in the open marketB. Reduction of the required cash reserves ratio C. Reduction in the discount rate D. Sales of securities in the open market by the central bank Loading... 10. Bank rate refer to the interest rate at which?A. Central bank gives loans to commercial banks B. Commercial banks receive deposits from the publicC. Commercial banks grant loans to their customersD. Government loans are floated Loading... Loading... Related PostsMoney Banking and International Trade Test 1 Mcqs…Money Banking and International Trade Test 2 Mcqs…Money Banking and International Trade Test 3 Mcqs…Money Banking and International Trade Test 4 Mcqs…Money Banking and International Trade Test 6 Mcqs…Money Banking and International Trade Test 7 Mcqs…Money and Value of Money Test 6 Mcqs Online PreparationMoney and Value of Money Test 7 Mcqs Online PreparationMoney and Value of Money Test 8 Mcqs Online PreparationMoney and Value of Money Test 05 Mcqs Preparation Online Continue Reading Previous Money Banking and International Trade Test 4 Mcqs Preparation OnlineNext Money Banking and International Trade Test 6 Mcqs 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