| 1 |
Banks discout it and advance loans. |
- A. Draft
- B. Bill of exchange
- C. Pay Order
- D. Gold
|
| 2 |
A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits |
- A. 0
- B. 5 m
- C. 10 m
- D. 25 m
|
| 3 |
Demand deposite are |
- A. Bank notes
- B. Money
- C. Considered as ner money
- D. Legal money
|
| 4 |
The bank can give loans |
- A. Unlimited
- B. Equal to deposites
- C. less than deposits
- D. More dhan deposits
|
| 5 |
If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in. |
- A. Demand deposits
- B. Tiem deposit
- C. Saving account
- D. Profit loss account
|
| 6 |
Which type of cheque is least safe for transfer of money |
- A. Bearer cheque
- B. Traveller cheque
- C. Order cheque
- D. Cross cheque
|
| 7 |
The money called legal tender includes. |
- A. Currency notes and credit cards
- B. Currency notes and bank deposits
- C. Currency notes and coins
- D. Currency notes and cheques
|
| 8 |
It is NOT an instrument of moneatry policy |
- A. Discount Rate
- B. Open market operation
- C. Change in reserve ratio
- D. Issue notes
|
| 9 |
Demand deposit are |
- A. Money
- B. Bank note
- C. Legal Money
- D. Considered to near money
|
| 10 |
Which type of card is not issued by central banks |
- A. Credi card
- B. Debit card
- C. ATM Card
- D. None is issued by it
|
