Question # 1

State bank was established in .

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1948

1950

1952

1954

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

Which type of cheque is more safe for transfer of money

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Cross cheque

Order cheque

Traveller cheque

Bearer cheque

Demand depostis are.

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Money

Banks notes

Legal money

Considerd and near money

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

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Demand deposits

Tiem deposit

Saving account

Profit loss account

Which type of cheque is least safe for transfer of money

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Bearer cheque

Traveller cheque

Order cheque

Cross cheque

Commercial banks accept deposits and provide

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Money

Loans

Bill of exchange

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 created by

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Central bank

Commercial Bank

Government

All of the above

Every country establishes centralbank to

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Issue notes

Supervise commerical bank

Giveloans to businessmen

a and b of above

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

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