TRB Model Question Papers with Answer in Economics - 3

Question: 11

The primary functions of the commercial bank is

(A) Accepting deposits

(B) Discounting bills of exchange

(C) Making loans and advances

(D) Participating in the inter-bank borrowing

Question: 12

The number of pupils in India outnumber the total population of

(A) Canada and Norway

(B) France

(C) England

(D) All the countries put together

Question: 13

The most commonly used measure of position is

(A) Mode

(B) Median

(C) Mean

(D) Percentiles

Question: 14

Globalization means

(A) Process of transformation of the world in to a single economic unit

(B) Increasing degree of openness in respect of international trade

(C) Integration of the economy with world economy

(D) All the above

Question: 15

Minimum reserve system relates

(A) Commercial banks should keep certain portions of their deposits in cash

(B) Commercial banks keep certain portion of their deposits with the RBI

(C) Methods of note issue

(D) None of these