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Central Bank

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

how many central banks are there in The Bahamas

a)

1

b)

2

c)

3

d)

4

2.

Who own the Central Bank

a)

the Prime Minister

b)

Government

c)

Private Business Owner

d)

Opposition Leader

3.

Th name of the Bahamian Central Bank is

a)

Central Bank of the Bahamas

b)

Commonwealth Bank

c)

Bank of The Bahamas

d)

First Caribbean Central Bank

4.

The THREE forms of money include all of the following except

a)

paper

b)

coin

c)

card

d)

cheque

5.

Acting as a Government's bank means

a)

All the government departments have an account at the Central Bank

b)

All the members of parliament have an account at the Central Bank

c)

Prime Minister has an account tat Central Bank

d)

None of the Above

6.

the Function of The Central Bank that control the money supply is

a)

lender of last resort

b)

Advisor to the government

c)

controls the issue of currency

d)

bankers bank

7.

The Function of the Central bank that helps the government to get a loan is

a)

the governments bank

b)

governments' advisor

c)

managing government borrowing

d)

bankers bank

8.

Banks control the money supply by

a)

restricting the amount of money in circulation

b)

lending

c)

borrowing

d)

printing more money

9.

The Central Bank can print money whenever they want.

a)

TRUE

b)

FALSE

10.

Who license Commercial Banks ?

a)

government

b)

Central Banks

c)

they don't need license

d)

they bring their own