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WorksheetsECONOMICS QUIZ
Total questions: 10
Worksheet time: 5mins
As a custodian of foreign exchange which of the following functions are performed by a central bank:-
clearing house
Maintaining of foreign exchange reserves
Maintaining foreign exchange rate
As a agent to represent country in IMF
Buying and selling of foreign exchange by central bank to stabilise the value of domestic currency is called:-
Clearing house
Managed floating
lender of last resort
None of the above
Which function of central bank helps to settle the inter banking claims that is cheques:-
Lender of last resort
Custodian of foreign exchange
Clearing house
Controller of credit
As a clearing house, a central bank helps to:-
Save time
Save labour
save cash
Maintain the foreign exchange rate
How commercial bank contributes towards money supply?
Accepting deposits
Credit creation
By providing locker facilities
None of the above
Name the methods through which central bank control credit creation of commercial banks.
Quantitative methods
Qualitative methods
none of these
Both of these
CASH RESERVE RATIO is ............ method to control credit creation of commercial bank.
quantitative method
Qualitative method
Both
None of these
credit rationing is a ___________method of controlling credit creation.
Qualitative method
Quantitative method
Both
None of these
Central bank had the power to control the credit creating capacity of commercial banks
Fslse
True
Can’t say
A central bank has direct dealing with public that is , it accepts the deposits and advances loan to public
True
False
Can’t say
