Test: Money And Banking - 2


40 Questions MCQ Test NCERT Textbooks (Class 6 to Class 12) | Test: Money And Banking - 2


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This mock test of Test: Money And Banking - 2 for CA Foundation helps you for every CA Foundation entrance exam. This contains 40 Multiple Choice Questions for CA Foundation Test: Money And Banking - 2 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Money And Banking - 2 quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: Money And Banking - 2 exercise for a better result in the exam. You can find other Test: Money And Banking - 2 extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

Money in traditional sense :

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QUESTION: 2

Money includes :

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QUESTION: 3

Which of the following statements about money is incorrect?

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QUESTION: 4

M1 in the money stock in India refers to :

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QUESTION: 5

Narrow money refers to

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QUESTION: 6

Broad money refers to

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QUESTION: 7

The basic distinction between narrow and broad monies is the

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QUESTION: 8

In the present context, total money stock in India refers to

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QUESTION: 9

Which of the following statements about banks is incorrect?

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QUESTION: 10

Banks perform the function of

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QUESTION: 11

Commercial banks in India were nationalised in 1969 because

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QUESTION: 12

Nationalisation of banks aimed at all of the following except

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Nationalisation of banks aimed at all of the provision of adequate credit, for agriculture and small industry and export only, but not big industries.

QUESTION: 13

Rural bank branches constitute ______ percent of total bank branches in India

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QUESTION: 14

Population per bank in India is

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QUESTION: 15

In terms of deposit mobilisation, _____________ leads other states.

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QUESTION: 16

 Terms of credit do not include:

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QUESTION: 17

Which is the Central Bank of India?

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QUESTION: 18

Commercial banks suffer from

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QUESTION: 19

Who is the official “lender of the last resort” in India?

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QUESTION: 20

_____________ refers to that portion of total deposits of a commercial bank which it has to keep with RBI in the form of cash reserves.

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QUESTION: 21

___________________ refers to that portion of total deposits of a commercial bank which it has to keep with itself in the form of liquid assets.

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QUESTION: 22

 In the terminology of economics and money demand, the terms M1 and M2 are also known as :

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QUESTION: 23

Which among the following is considered to be the most liquid asset?

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QUESTION: 24

_____________ is the official minimum rate at which the Central Bank of a country is prepared to rediscount approved bills held by banks.

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QUESTION: 25

 In the terminology of economics and money demand, the terms M1 and M2 are also known as :

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QUESTION: 26

In order to control credit in the country, the RBI may

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QUESTION: 27

In order to encourage investment in the country, the RBI may

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QUESTION: 28

In order to discourage investment in the economy, the RBI may

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QUESTION: 29

The effect of increase CRR will be reduced or nullified if :

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QUESTION: 30

In order to control credit

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QUESTION: 31

_______________ controls affect indiscriminately all sectors of the economy.

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QUESTION: 32

During depression, it is advisable to

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During depression, it is advisable to lower bank rate and purchase securities in the market because it will encourage borrowings and investment.

QUESTION: 33

Which of the following statements is correct?

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RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country. The RBI carries out India's monetary policy and exercises supervision and control over banks and non-banking finance companies in India. RBI was set up in 1935 under the Reserve Bank of India Act,1934.

QUESTION: 34

The lender of last resort’ means

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QUESTION: 35

Who is the custodian of monetary reserves in India?

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QUESTION: 36

Who is called the ‘bank of issue’?

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QUESTION: 37

Who is the fiscal agent and adviser to government in monetary and financial matters in India?

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QUESTION: 38

Who is the custodian of national reserves of international currency?

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QUESTION: 39

The profitability ratio of bank has declined over the years due to

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QUESTION: 40

What is the currency deposit ratio (cdr)?

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