Question # 1

The money called legal tender includes.

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Currency notes and credit cards

Currency notes and bank deposits

Currency notes and coins

Currency notes and cheques

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

Every country establishes central bank to

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Issue currency

To establish commercial bank

Toprepare governemnt budget

All of the of above

Which is the sourceof interest for a bank

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Advances

Bills discounted

Investments

All

Out following the only recognised legal tender is

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Cheque

Currency notes and coins

Notes and cheques

Credit card

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

State bank was established in .

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1948

1950

1952

1954

Which type of cheque is more safe for transfer of money

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Cross cheque

Order cheque

Traveller cheque

Bearer cheque

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

A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits

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0

5 m

10 m

25 m

Demand deposite are

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Bank notes

Money

Considered as ner money

Legal money

Cash cannot be directly obtaines from a bank against

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Cross cheque

Order cheque

bearer cheque

Traveller cheque

Which type of cheque is least safe for transfer of money

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Bearer cheque

Traveller cheque

Order cheque

Cross cheque

Which is a monetary measure to increase employment.

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Increase in govt expenditure

Reduce govt expenditure

Increase in interest rate

Reducing intrest rate

State bank of Pakistan is run by

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Board of directors

Board of managers

Board of govenors

Board of bankers

Demand depostis are.

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Money

Banks notes

Legal money

Considerd and near money

Which is considered liablility by a bank

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Loans

Bank building and equipment

Time deposit

Securities

Commercial banks are able to create money by

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Making loans

Printing Money

Moral suasion Selling government loans

Printing money

Banks discout it and advance loans.

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Draft

Bill of exchange

Pay Order

Gold

If you borrow from a bak the amount which the bank charges is called.

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Interest rate

tax rate

discount rate

Market rate

Credit money is created by

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Exchange bank

Commerical Bank

Finance companies

None of the above

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