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Basic of Economics

The bank established for loans to very small enterprises in Pakistan is called_______________?

September 9, 2021May 26, 2019 by QuizMaster
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

Categories Basic of Economics, Economics Mcqs

Treasury bill is used for_________________?

September 9, 2021May 26, 2019 by QuizMaster
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

Categories Basic of Economics, Economics Mcqs

When the State Bank wants to decrease money supply in the country, it _______________?

September 9, 2021May 26, 2019 by QuizMaster
When the State Bank wants to decrease money supply in the country, it _______________?

A. Buys govt. securities in stock market
B. Sells govt. securities
C. Lowers discount rate
D. B and C of above

Categories Basic of Economics, Economics Mcqs

When a commercial bank creates credit its immediate effect is that it raises__________________?

September 9, 2021May 26, 2019 by QuizMaster
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

Categories Basic of Economics, Economics Mcqs

The Liquidity Trap condition occurs at a_______________?

September 9, 2021May 26, 2019 by QuizMaster
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

Categories Basic of Economics, Economics Mcqs

The power of a bank to create credit is affected by ?

September 9, 2021May 26, 2019 by QuizMaster
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

Categories Basic of Economics, Economics Mcqs

Pakistan’s fiscal years starts from?

September 9, 2021May 26, 2019 by QuizMaster
Pakistan’s fiscal years starts from?

A. 1st September
B. 1st January
C. 1st April
D. 1st July

Categories Basic of Economics, Economics Mcqs

A tariff______________?

September 9, 2021May 26, 2019 by QuizMaster
A tariff______________?

A. Increase the volume of trade
B. Reduces the volume of trade
C. Has no effect on volume of trade?
D. A and C of above

Categories Basic of Economics, Economics Mcqs

Velocity of circulation of money means ?

September 9, 2021May 26, 2019 by QuizMaster
Velocity of circulation of money means ?

A. The number of times a unit of money changes hands daily
B. The number of times as unit of money changes hands monthly
C. The number of times a unit of money changes hands annually
D. The number of times a unit of money changes value

Categories Basic of Economics, Economics Mcqs

Government of Pakistan issues currency on the basis of__________________?

September 9, 2021May 26, 2019 by QuizMaster
Government of Pakistan issues currency on the basis of__________________?

A. Availability of gold in the country
B. Availability of dollars in the country
C. Demand for money in the country
D. Tax collection

Categories Basic of Economics, Economics Mcqs
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