Question # 1

Which is the sourceof interest for a bank

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Advances

Bills discounted

Investments

All

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

Credit money is controlled by

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Central bank

Market forces

Commercial Bank

Government

It creates credit

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Central Bank

Commercial Bank

Government

Stock exchange

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

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

Cash cannot be directly obtaines from a bank against

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Cross cheque

Order cheque

bearer cheque

Traveller cheque

Credit money is created by

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Central bank

Commercial Bank

Government

All of the above

Whcih type of card is not issued by commmercial banks

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Credit card

Green card

ATM Card

Debit card

Which type of cheque is least safe for transfer of money

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Bearer cheque

Traveller cheque

Order cheque

Cross cheque

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

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