Commercial Banks and Central Bank

Commercial Banks and Central Bank

9th Grade

20 Qs

quiz-placeholder

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Commercial Banks and Central Bank

Commercial Banks and Central Bank

Assessment

Quiz

Architecture, Other

9th Grade

Medium

CCSS
3.OA.D.9

Standards-aligned

Created by

Iffat Wafa/TCHR/BMBRC

Used 23+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Interest is...

A reward for saving and a reward for borrowing

A cost of saving and a reward for borrowing

A cost of borrowing and a cost of saving

A reward for saving and a cost of borrowing

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

A central bank usually performs which combination of the following functions...(select 2)

It issue notes and coins for the nations currency and is where the king or queen holds their money

It manages the nation's gold reserves and manages payments to and from the government

It prints money for the banks to store until people withdraw it and issues the notes and coins

It issue notes and coins for the nations currency and is the lender of last resort to the banking system

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Governments can raise money to finance public spending through the sale of...

James

Bonds

Shares

Stocks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the reserve deposit ration (rdr)?

the proportion of money RBI lends to commercial banks

the proportion of total deposits commercial banks keep as reserves

the total proportion of money that commercial banks lend to the customers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the reserve deposit ration (rdr)?

the proportion of money RBI lends to commercial banks

the proportion of total deposits commercial banks keep as reserves

the total proportion of money that commercial banks lend to the customers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank is called lender of last resort?

Commercial bank

Agricultural bank

Central bank

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank enjoys monopoly power of Note issue?

NABARD

Commercial Bank

Central Bank

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