Money Banking and International Trade Test 5 Mcqs Preparation Online Leave a Comment / Economics / By Malik Asghar Money Banking and International Trade Test 5 Mcqs Preparation Online 1. Open market operations refer to the buying and selling of?A. Gold B. Commercial billsC. Foreign exchangeD. Government securities Loading... 2. Which one of the following will reduce the capacity of commercial banks to lend?A. Reduction in the discount rate B. Sales of securities in the open market by the central bank C. Reduction of the required cash reserves ratio D. Purchase of securities by the Central bank in the open market Loading... 3. Which of the following is not a part of the un-organised Indian money market?A. Co-operative credit societies B. Chit funds C. Money lendersD. Indigenous bankers Loading... 4. Bank rate refer to the interest rate at which?A. Government loans are floated B. Commercial banks grant loans to their customersC. Central bank gives loans to commercial banks D. Commercial banks receive deposits from the public 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. Selectively allocate credit among banksC. Regulate the volume of aggregate bank credit in the economyD. Regulate credit-creation on the part of some selected banks Loading... 6. One of the following is an instrument of qualitative credit control. Identify it?A. Bank rate B. Open-market operations C. Credit rationing D. Minimum statutory cash reserves ratio Loading... 7. If there is a significant decrease in the demand for loans, banks will be forced to?A. Adjust their protfolios B. Resort to creating credit C. Increase liquidityD. Sell securities to the public Loading... 8. In a bimetallic standard?A. All of the aboveB. Both gold and silver coins circulate as unlimited legal tender C. Coinage as well as exports and imports of both the metals are free D. Two metals (usually gold and silver) are simultaneously monetized and their monetary values are fixed as legal tender Loading... 9. In which country was the instrument of minimum legal cash reserves ratio for banks first introduced?A. UK B. USA C. JapanD. Germany Loading... 10. The immediate effect of credit-creation by banks is?A. Rise in prices B. Reduction of povertyC. Increase in money supply D. Increase in real national income Loading... Loading... Related NTS Results Post:Islamiat Mcqs Test 01 Online PreparationBiology Mcqs Test 13 Online PreparationBiology Mcqs Test 12 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 10 Online PreparationIslamiat Mcqs Test 02 Online PreparationBiology Mcqs Test 08 Online PreparationIslamiat Mcqs Test 03 Online Preparation
