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. Bank rate refer to the interest rate at which?A. Commercial banks receive deposits from the publicB. Government loans are floated C. Commercial banks grant loans to their customersD. Central bank gives loans to commercial banks Loading... 2. In a bimetallic standard?A. Two metals (usually gold and silver) are simultaneously monetized and their monetary values are fixed as legal tender B. Both gold and silver coins circulate as unlimited legal tender C. All of the aboveD. Coinage as well as exports and imports of both the metals are free Loading... 3. 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... 4. Open market operations refer to the buying and selling of?A. Gold B. Foreign exchangeC. Commercial billsD. Government securities Loading... 5. 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... 6. If there is a significant decrease in the demand for loans, banks will be forced to?A. Increase liquidityB. Resort to creating credit C. Sell securities to the public D. Adjust their protfolios Loading... 7. Which one of the following will reduce the capacity of commercial banks to lend?A. Sales of securities in the open market by the central bank B. Reduction of the required cash reserves ratio C. Purchase of securities by the Central bank in the open marketD. Reduction in the discount rate Loading... 8. In which country was the instrument of minimum legal cash reserves ratio for banks first introduced?A. UK B. USA C. Germany D. Japan Loading... 9. Which of the following is not a part of the un-organised Indian money market?A. Money lendersB. Chit funds C. Co-operative credit societies D. Indigenous bankers Loading... 10. Selective credit control devices are used by the central bank of a country to?A. Regulate the volume of aggregate bank credit in the economyB. Control the flow of aggregate bank credit to different productive activities in the economyC. Selectively allocate credit among banksD. Regulate credit-creation on the part of some selected banks Loading... Loading... Related NTS Results Post:Islamiat Mcqs Test 03 Online PreparationIslamiat Mcqs Test 02 Online PreparationChemistry MCQs Test 07 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 05 Online PreparationBiology Mcqs Test 13 Online PreparationIslamiat Mcqs Test 01 Online PreparationBiology Mcqs Test 15 Online Preparation
