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Test: Money And Banking - 2


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

Test: Money And Banking - 2 for UPSC 2022 is part of NCERT Textbooks (Class 6 to Class 12) preparation. The Test: Money And Banking - 2 questions and answers have been prepared according to the UPSC exam syllabus.The Test: Money And Banking - 2 MCQs are made for UPSC 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Money And Banking - 2 below.
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Test: Money And Banking - 2 - Question 1

Money in traditional sense :

Test: Money And Banking - 2 - Question 2

Money includes :

Test: Money And Banking - 2 - Question 3

Which of the following statements about money is incorrect?

Test: Money And Banking - 2 - Question 4

M1 in the money stock in India refers to :

Test: Money And Banking - 2 - Question 5

Narrow money refers to

Test: Money And Banking - 2 - Question 6

Broad money refers to

Test: Money And Banking - 2 - Question 7

The basic distinction between narrow and broad monies is the

Test: Money And Banking - 2 - Question 8

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

Test: Money And Banking - 2 - Question 9

Which of the following statements about banks is incorrect?

Test: Money And Banking - 2 - Question 10

Banks perform the function of

Test: Money And Banking - 2 - Question 11

Commercial banks in India were nationalised in 1969 because

Test: Money And Banking - 2 - Question 12

Nationalisation of banks aimed at all of the following except

Detailed Solution for Test: Money And Banking - 2 - Question 12

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

Test: Money And Banking - 2 - Question 13

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

Test: Money And Banking - 2 - Question 14

Population per bank in India is

Test: Money And Banking - 2 - Question 15

In terms of deposit mobilisation, _____________ leads other states.

Test: Money And Banking - 2 - Question 16

 Terms of credit do not include:

Test: Money And Banking - 2 - Question 17

Which is the Central Bank of India?

Test: Money And Banking - 2 - Question 18

Commercial banks suffer from

Test: Money And Banking - 2 - Question 19

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

Test: Money And Banking - 2 - 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.

Test: Money And Banking - 2 - 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.

Test: Money And Banking - 2 - Question 22

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

Test: Money And Banking - 2 - Question 23

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

Test: Money And Banking - 2 - Question 24

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

Test: Money And Banking - 2 - Question 25

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

Test: Money And Banking - 2 - Question 26

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

Test: Money And Banking - 2 - Question 27

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

Test: Money And Banking - 2 - Question 28

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

Test: Money And Banking - 2 - Question 29

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

Test: Money And Banking - 2 - Question 30

In order to control credit

Test: Money And Banking - 2 - Question 31

_______________ controls affect indiscriminately all sectors of the economy.

Test: Money And Banking - 2 - Question 32

During depression, it is advisable to

Detailed Solution for Test: Money And Banking - 2 - Question 32

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

Test: Money And Banking - 2 - Question 33

Which of the following statements is correct?

Detailed Solution for Test: Money And Banking - 2 - Question 33

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.

Test: Money And Banking - 2 - Question 34

The lender of last resort’ means

Test: Money And Banking - 2 - Question 35

Who is the custodian of monetary reserves in India?

Test: Money And Banking - 2 - Question 36

Who is called the ‘bank of issue’?

Test: Money And Banking - 2 - Question 37

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

Test: Money And Banking - 2 - Question 38

Who is the custodian of national reserves of international currency?

Test: Money And Banking - 2 - Question 39

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

Test: Money And Banking - 2 - Question 40

What is the currency deposit ratio (cdr)?

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