Money Banking and International Trade Test 5 Mcqs Preparation Online Malik Asghar — April 23, 2018 in Economics • add comment Money Banking and International Trade Test 5 Mcqs Preparation Online 1. In a bimetallic standard?A. Both gold and silver coins circulate as unlimited legal tender B. Coinage as well as exports and imports of both the metals are free C. All of the aboveD. Two metals (usually gold and silver) are simultaneously monetized and their monetary values are fixed as legal tender Loading... 2. Which of the following is not a part of the un-organised Indian money market?A. Money lendersB. Indigenous bankers C. Co-operative credit societies D. Chit funds Loading... 3. The immediate effect of credit-creation by banks is?A. Increase in real national income B. Reduction of povertyC. Increase in money supply D. Rise in prices Loading... 4. If there is a significant decrease in the demand for loans, banks will be forced to?A. Sell securities to the public B. Increase liquidityC. Adjust their protfolios D. Resort to creating credit Loading... 5. Bank rate refer to the interest rate at which?A. Commercial banks receive deposits from the publicB. Government loans are floated C. Central bank gives loans to commercial banks D. Commercial banks grant loans to their customers Loading... 6. In which country was the instrument of minimum legal cash reserves ratio for banks first introduced?A. UK B. JapanC. USA D. Germany Loading... 7. Open market operations refer to the buying and selling of?A. Commercial billsB. Foreign exchangeC. Government securitiesD. Gold Loading... 8. Which one of the following will reduce the capacity of commercial banks to lend?A. Reduction of the required cash reserves ratio B. Sales of securities in the open market by the central bank C. Purchase of securities by the Central bank in the open marketD. Reduction in the discount rate Loading... 9. Selective credit control devices are used by the central bank of a country to?A. Regulate credit-creation on the part of some selected banks B. Regulate the volume of aggregate bank credit in the economyC. Selectively allocate credit among banksD. Control the flow of aggregate bank credit to different productive activities in the economy Loading... 10. One of the following is an instrument of qualitative credit control. Identify it?A. Bank rate B. Minimum statutory cash reserves ratioC. Credit rationing D. Open-market operations Loading... Loading... Related NTS Results Post:Chemistry MCQs Test 05 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 15 Online PreparationBiology Mcqs Test 06 Online PreparationChemistry MCQs Test 06 Online PreparationBiology Mcqs Test 14 Online PreparationIslamiat Mcqs Test 01 Online PreparationBiology Mcqs Test 11 Online Preparation
