Question # 1

The following is not a bank liability.

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Demand deposit

Time deposit

Loan

Saving Deposit

An asset is liquid when it is

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Being traded frequnetly

Earning a good rate of return

Is money or easily converted into money

All of the above

Cash cannot be directly obtaines from a bank against

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Cross cheque

Order cheque

bearer cheque

Traveller cheque

10-Rupees note is issued by

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National Bank

State Bank

Govt. of Pakistan

Governer State bank

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

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Demand deposits

Tiem deposit

Saving account

Profit loss account

Which is considered liablility by a bank

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Loans

Bank building and equipment

Time deposit

Securities

Profit and losss sharing is basis of finance under this system.

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Islamic

Capitalistic

Socialistic

None

Commercial banks accept deposits and provide

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Money

Loans

Bill of exchange

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

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The exchange rate

The money supply

The interest rate

The real national income

Every country establishes centralbank to

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Issue notes

Supervise commerical bank

Giveloans to businessmen

a and b of above

Balance sheet of a bank has two parts

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Supply and demand for deposits

Supply and demand of Advances

Assests and liablilities

Cash Reserves and loans

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

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