Question # 1

Central banks rate of lending to commercial banks is called.

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Money rate

Control rate

Intrested rate

Discount rate

Out following the only recognised legal tender is

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Cheque

Currency notes and coins

Notes and cheques

Credit card

Which type of cheque is least safe for transfer of money

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Bearer cheque

Traveller cheque

Order cheque

Cross cheque

Demand deposite are

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Bank notes

Money

Considered as ner money

Legal money

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 type of cheque is more safe for transfer of money

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Cross cheque

Order cheque

Traveller cheque

Bearer cheque

Short term loans can be obtained in.

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Money market

Capital market

Exchange market

Stock Market

Which is the sourceof interest for a bank

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Advances

Bills discounted

Investments

All

Cash cannot be directly obtaines from a bank against

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Cross cheque

Order cheque

bearer cheque

Traveller cheque

Central banks rate of lending to commericalbanks is called.

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Interest rate

Discount rate

Money rate

Inflation rate

Commercial banks are able to create money by

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Making loans

Printing Money

Moral suasion Selling government loans

Printing money

Commercial banks accept deposits and provide

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Money

Loans

Bill of exchange

Demand deposite mean

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Saving account

Chequeable deposits

Profit loss account

Time deposits

Credit money is created by

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Exchange bank

Commerical Bank

Finance companies

None of the above

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

10-Rupees note is issued by

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National Bank

State Bank

Govt. of Pakistan

Governer State bank

Banks discout it and advance loans.

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Draft

Bill of exchange

Pay Order

Gold

Which is a function of commercial bank

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Acting as a govt. banker

Fixing the exchange rate

Making loans

Issueing bank notes

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