Question # 1

Whcih organisation controls the banking system to most countries.

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Central Bank

Commercial bank

Investment bankWorld bank

Which type of cheque is least safe for transfer of money

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Bearer cheque

Traveller cheque

Order cheque

Cross cheque

State Bank policy of regulating intrst rate is called.

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Monetary policy

Commerical policy

Banking policy

Fiscal policy

Treasury bill is used for

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Getting short term loans by central bank

Getting long term loans

Collecting govt. taxes

Make payments of utility bills

Bank Prepare their balace sheet.

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Weekly

Monthly

Quarterly

Annualy

Every country establishes centralbank to

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Issue notes

Supervise commerical bank

Giveloans to businessmen

a and b of above

The bank can give loans

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Unlimited

Equal to deposites

less than deposits

More dhan deposits

Demand deposit are

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Money

Bank note

Legal Money

Considered to near money

Credit money is created by

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Central bank

Commercial Bank

Government

All of the above

10-Rupees note is issued by

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National Bank

State Bank

Govt. of Pakistan

Governer State bank

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Icom Part 2 Principles of Economics Chapter 5 English Medium Online Test MCQs With Answers

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