Select the correct statement:

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Question:
Select the correct statement:

1. Central bank creates legal money

2.Commercial bank create paper money

3.Finance companies create fake money

4.None of the above is true

Posted Date:-2021-08-14 06:53:30

More MCQS Questions and answers

  1. An asset is liquid when it is:
  2. Demand deposits are money because:
  3. Demand deposits mean:
  4. If a person is more interested to earn income he should deposit his money in:
  5. Nationalisation of banks ws done in:
  6. When a commercial bank creates credit its immediate effect is that it raises:
  7. Which is the source of interest for a bank:
  8. Which type of cheque is more safe for transfer of money
  9. Credit money is created by:
  10. Functions of commercial bank are:
  11. If you borrow from a bank the amount which the bank charges is called:
  12. Pakistan has a banking system:
  13. Select the true statement:
  14. The bank established for loans to very small enterprises is called:
  15. The banks can give loans:
  16. The power of a bank to create credit is affected by:
  17. The rate charged by a central bank on loans is called:
  18. This is a difficulty of barter:
  19. When a commercial bank creates credit it immediately raises:
  20. When the State Bank wants to decrease money supply in the country it:
  21. Which is the most widely used of monetary policy:
  22. 10-rupee note is issued by:
  23. A bank has Rs. 5 million in cash. The minimum reserve ratio is 20%. What is maximum potential increase in total deposits:
  24. Acting as lender of last resort a central bank lends to:
  25. Balance sheet of a bank has two parts:
  26. Bank rate in Pakistan is:
  27. Banks discount it and advance loans:
  28. Banks prepare their balance sheet:
  29. Cash cannot be obtained from bank against:
  30. Changes in discount rate are brought about by State Bank to:
  31. Commercial banks accept deposits and provide:
  32. Commercial banks are able to create money by:
  33. Commercial banks in Pakistan are supervised by:
  34. Credit money is created by:
  35. Demand deposits are:
  36. First Women bank is:
  37. If a person is interested that his amount should be readily available as soon as he needs he should deposit his money in:
  38. Long term loans can be obtained in:
  39. Market rate of interest is:
  40. Most important source of income of commercial banks is:
  41. National Bank is a:
  42. National Bank of Pakistan is:
  43. National Bank of Pakistan was established in:
  44. Profit and loss-sharing is an element of this system:
  45. Select the correct statement:
  46. Select the correct statement:
  47. Select the correct statement:
  48. Short term loans can be obtained in:
  49. State Bank was established in:
  50. The following is not a bank liability:
  51. Total number of bank branches in Pakistan is:
  52. Total number of branches of Pakistani banks is approximately:
  53. Velocity of circulation of money means:
  54. When banks prepare their balance sheets they show the money lent in:
  55. Which is a function of a commercial bank:
  56. Which is considered liability by a bank:
  57. Which statement is true of the relationship between bond prices and bond yields?
  58. Which type of card is not issued by central banks:
  59. Which type of card is not issued by commercial banks:
  60. Which type of cheque is least safe for transfer of money:
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