1 |
Demand deposite mean |
- A. Saving account
- B. Chequeable deposits
- C. Profit loss account
- D. Time deposits
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2 |
Credit money is created by |
- A. Central bank
- B. Commercial Bank
- C. Government
- D. All of the above
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3 |
Commercial banks are able to create money by |
- A. Making loans
- B. Printing Money
- C. Moral suasion Selling government loans
- D. Printing money
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4 |
If you borrow from a bak the amount which the bank charges is called. |
- A. Interest rate
- B. tax rate
- C. discount rate
- D. Market rate
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5 |
State bank of Pakistan is run by |
- A. Board of directors
- B. Board of managers
- C. Board of govenors
- D. Board of bankers
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6 |
Profit and losss sharing is basis of finance under this system. |
- A. Islamic
- B. Capitalistic
- C. Socialistic
- D. None
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7 |
Whis is the most widely used tool of monetary policy |
- A. Open market operation
- B. Clearing house
- C. Discount rate
- D. Issuing of the note
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8 |
Credit money is controlled by |
- A. Central bank
- B. Market forces
- C. Commercial Bank
- D. Government
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9 |
The bank can give loans |
- A. Unlimited
- B. Equal to deposites
- C. less than deposits
- D. More dhan deposits
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10 |
Which is considered liablility by a bank |
- A. Loans
- B. Bank building and equipment
- C. Time deposit
- D. Securities
|