The power of a bank to create credit is affected by ?
A. The cash reserve requirement
B. The amount of cash available
C. The number of branches of a bank
D. A and B of above
The Liquidity Trap condition occurs at a _____?
A. Low rate of interest
B. Very low rate of interest
C. High rate of interest
D. Very high rate of interest
When a commercial bank creates credit its immediate effect is that it raises ____?
A. The exchange rates
B. The interest rates
C. The money supplies
D. The real national income
Treasury bill is used for ______?
A. Getting short term loans
B. Getting long term loans
C. Treasury bill in not credit instrument
D. Treasury bill is a govt. tax bill
The bank established for loans to very small enterprises in Pakistan is called ______?
A. Micro Finance Bank
B. Moderba Bank
C. SME- Bank
D. First MINI Bank
Which of the following is not a function of a commercial bank?
A. Accepting public deposits
B. Granting loan and advances
C. Undertaking agency functions
D. Banker to the government
Balance of payments of a country includes ?
A. Balance of trade
B. Capital receipts and payments
C. Savings and investment account
D. A and B of above
Which city in Germany has the distinction of housing the first car manufacturing plant in the world ?
A. Frankfurt
B. Bonn
C. Berlin
D. Stuttgart
Commercial policy means ____?
A. Policy about markets
B. Policy about money supply
C. Policy about imports and exports
D. Policy of controlling of prices of goods
Oil is measured in barrels. What is the abbreviation for barrels _____?
A. Brl
B. Bel
C. Bbl
D. Obl
