1 |
Every country establishes centralbank to |
- A. Issue notes
- B. Supervise commerical bank
- C. Giveloans to businessmen
- D. a and b of above
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2 |
Credit money is controlled by |
- A. Central bank
- B. Market forces
- C. Commercial Bank
- D. Government
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3 |
Balance sheet of a bank has two parts |
- A. Supply and demand for deposits
- B. Supply and demand of Advances
- C. Assests and liablilities
- D. Cash Reserves and loans
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4 |
Credit money is created by |
- A. Exchange bank
- B. Commerical Bank
- C. Finance companies
- D. None of the above
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5 |
State bank was established in . |
- A. 1948
- B. 1950
- C. 1952
- D. 1954
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6 |
Which type of cheque is more safe for transfer of money |
- A. Cross cheque
- B. Order cheque
- C. Traveller cheque
- D. Bearer cheque
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7 |
Banks discout it and advance loans. |
- A. Draft
- B. Bill of exchange
- C. Pay Order
- D. Gold
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8 |
The bank can give loans |
- A. Unlimited
- B. Equal to deposites
- C. less than deposits
- D. More dhan deposits
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9 |
Demand depostis are. |
- A. Money
- B. Banks notes
- C. Legal money
- D. Considerd and near money
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10 |
Central banks rate of lending to commericalbanks is called. |
- A. Interest rate
- B. Discount rate
- C. Money rate
- D. Inflation rate
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