A bank deposit, that cannot be withdrawn before the date which is specified at the time of deposit, is called ?

Related Mcqs:

1. Suppose the State Bank purchases a Rs 1,000 government bond from you. If you deposit the entire Rs 1,000 in you bank what is the total potential change in the money supply as a result of the State Bank’s action if the your bank’s reserve ratio is 20 percent ?

   A. Rs 4,000
   B. Rs 5,000
   C. Rs 1,000
   D. Rs 0

2. Mention an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price ?

   A. Redemption
   B. Guarantee
   C. Repo
   D. Repurchase arrangements

3. A checking deposit in a bank in considered _________ of that bank?

   A. an asset
   B. capital
   C. net worth
   D. a liability

4. Suppose Imtiaz moves his Rs1,000 demand deposit from Bank A to Bank B. If both banks operate with a reserve ratio of 10 percent What is the potential change in money supply as a result of Gerard’s action ?

   A. Rs 10,00
   B. Rs 1,000
   C. Rs 9,000
   D. Rs 0

5. Term the written order which directs that a specified sum of money be paid to a specified person ?

   A. Bill of Exchange BE
   B. Bill of Lading
   C. Bearer Cheque
   D. None of them

6. Name the price at which the issuer of a bond may retire part of the pond at a specified call date ?

   A. Call price
   B. Bid price
   C. Term Price
   D. Future Price

7. The essential feature of a _______ is that it immediately fixed the rate at which a specified amount of one currency is to be delivered in exchange for a specific amount of another at a future date ?

   A. forward contract
   B. spot contract
   C. money contract
   D. bid contract

8. Bank issued a document that authorizes the bearer to receive money from one of its foreign branches or from another bank abroad. What such document is called ?

   A. letter of Credit
   B. Letter of expression
   C. Demand draft
   D. Letter of intent

9. Restriction on import or export of specified or all goods with a foreign nation by the Government is called ?

   A. Embargo
   B. Contraband
   C. Ban
   D. Restriction

10. Reserve requirements that may be imposed on an economy’s banks by its central bank specify that banks by its central bank specify that banks reserve must be a minimum percentage of them ?

    A. assets
    B. deposits
    C. loans
    D. government bonds