money supply, banking & financial institutions section 8 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 12 EXERCISES
-
500+ Banking & Money Supply GK MCQ Quiz PDF For IBPS Exam »
-
Top 500+ Indian Financial System GK MCQ Live Quiz For SSC »
-
Top 500+ Money Supply & Banking Functions GK MCQ Quiz PDF »
-
New Banking & Financial Institutions GK MCQ Quiz For RRB »
-
Top 500+ Money Supply Methods & Concepts GK MCQ For UPSC »
-
Banking & Financial Institutions Features GK MCQ Quiz PDF »
-
New 500+ Money Supply Concepts Types Formulas GK MCQ Quiz »
-
499+ Indian Monetary Aggregates & Money Supply GK MCQ PDF »
-
Top 500+ Money & Banking Questions And Answers Test PDF »
-
New Banking & Money Supply Questions And Answers Test PDF »
-
Top 500+ Money Supply Trends & Developments MCQ For IBPS »
-
Top 500+ Banking & Financial Institutions GK MCQ Test PDF »
The following question based on Money Supply, Banking and Financial Institutions topic of indian economy mcq
- Gift sent by an NRI to his friend in India
- Money sent by an Indian employee to his family in India who has gone abroad temporarily
(a) (ii) only
(b) Both (i) & (ii)
(c) (i) only
(d) Neither (i) nor (ii)
The correct answers to the above question in:
Answer: (c)
BoP is basically transactions of the residents of the country with the rest of the world. And transfer payments mean anything given for free.
In the (i) statement, the transaction between Indian residents and Non-Resident Indians (NRI) is for free, without any work done or consideration. So, it is a case of transfer payment and will be recorded in BoP.
In the (ii) statement, the transaction is between an Indian resident (who has gone abroad temporarily) and his family in India. Both are Indian residents, so, this transaction will not be recorded in BoP.
Practice Money Supply, Banking and Financial Institutions (money supply, banking & financial institutions section 8) Online Quiz
Discuss Form
Read more money and supply banking financial institutions Based Indian Economy Questions and Answers
Question : 1
Money Multiplier in India is defined as
a) $\text"Broad Money"/\text"Reserve Money"$
b) $\text"Base Money"/\text"Reserve Money"$
c) $\text"Reserve Money"/\text"Base Money"$
d) $\text"Broad Money"/\text"Base Money"$
Answer »Answer: (a)
Question : 2
Which one of the following is not a nationalised bank?
a) Canara Bank
b) Punjab National Bank
c) ICICI Bank
d) Bank of Baroda
Answer »Answer: (c)
Question : 3
Which of the following agencies conducts ‘inflation expectation survey’ of households in India?
a) National Statistical Office
b) Reserve Bank of India
c) Ministry of Statistics and Programme Implementation
d) Ministry of Finance
Answer »Answer: (b)
RBI conducts quarterly 'inflation expectation survey' of households wherein RBI gauges the household’s expectation regarding inflation for the next one year. These surveys are used for monetary policy purpose.
Question : 4
Consider the following statements.
- The National Housing Bank, the apex institution of housing finance in India, was set up as a whollyowned subsidiary of the Reserve Bank of India.
- The Small Industries Development Bank of India was established as a wholly-owned subsidiary of the Industrial Development Bank of India.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (c)
Question : 5
Demand management to control inflation may lead to:
a) increase in government expenditure
b) expansion of credit
c) increase in unemployment due to contraction of the economy
d) creation of excess liquidity
Answer »Answer: (c)
Question : 6
The largest commercial bank of India is
a) State Bank of India
b) Union Bank of India
c) ICICI
d) NABARD
Answer »Answer: (a)
GET Money Supply, Banking and Financial Institutions PRACTICE TEST EXERCISES
money supply, banking & financial institutions section 1
money supply, banking & financial institutions section 2
money supply, banking & financial institutions section 3
money supply, banking & financial institutions section 4
money supply, banking & financial institutions section 5
money supply, banking & financial institutions section 6
money supply, banking & financial institutions section 7
money supply, banking & financial institutions section 8
money supply, banking & financial institutions section 9
money supply, banking & financial institutions section 10
money supply, banking & financial institutions section 11
money supply, banking & financial institutions section 12
Money Supply, Banking and Financial Institutions Shortcuts and Techniques with Examples
Verbal Reasoning
Question & Answer Quiz
Non Verbal Reasoning
Question & Answer Quiz
Quantitative Aptitude
Question & Answer Quiz
Computer MCQ
Question & Answer Quiz
General English
Question & Answer Quiz
History GK
Question & Answer Quiz
Polity GK
Question & Answer Quiz
Geography GK
Question & Answer Quiz
Economy GK
Question & Answer Quiz
General Awareness GK
Question & Answer Quiz
Recently Added Subject & Categories For All Competitive Exams
100+ Quadratic Equation Questions Answers PDF for Bank
Quadratic Equation multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams
Continue Reading »
IBPS Aptitude Linear Equations MCQ Questions Answers PDF
Linear equations multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams
Continue Reading »
New 100+ Compound Interest MCQ with Answers PDF for IBPS
Compound Interest verbal ability questions and answers solutions with PDF for IBPS RRB PO. Aptitude Objective MCQ Practice Exercises all competitive exams
Continue Reading »
100+ Mixture and Alligation MCQ Questions PDF for IBPS
Most importantly Mixture and Alligation multiple choice questions and answers with PDF for IBPS RRB PO. Aptitude MCQ Practice Exercises all Bank Exams
Continue Reading »