| 1 |
Out following the only recognised legal tender is |
- A. Cheque
- B. Currency notes and coins
- C. Notes and cheques
- D. Credit card
|
| 2 |
Bank Prepare their balace sheet. |
- A. Weekly
- B. Monthly
- C. Quarterly
- D. Annualy
|
| 3 |
Banks discout it and advance loans. |
- A. Draft
- B. Bill of exchange
- C. Pay Order
- D. Gold
|
| 4 |
Which is a monetary measure to increase employment. |
- A. Increase in govt expenditure
- B. Reduce govt expenditure
- C. Increase in interest rate
- D. Reducing intrest rate
|
| 5 |
Demand depostis are. |
- A. Money
- B. Banks notes
- C. Legal money
- D. Considerd and near money
|
| 6 |
Central banks rate of lending to commercial banks is called. |
- A. Money rate
- B. Control rate
- C. Intrested rate
- D. Discount rate
|
| 7 |
State Bank policy of regulating intrst rate is called. |
- A. Monetary policy
- B. Commerical policy
- C. Banking policy
- D. Fiscal policy
|
| 8 |
When a commercial bank creaes credite. Its immediate effect is tha tit raises. |
- A. The exchange rate
- B. The money supply
- C. The interest rate
- D. The real national income
|
| 9 |
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
|
| 10 |
Which is considered liablility by a bank |
- A. Loans
- B. Bank building and equipment
- C. Time deposit
- D. Securities
|
