money supply, banking & financial institutions section 5 Practice Questions Answers Test with Solutions & More Shortcuts
Money Supply, Banking and Financial Institutions PRACTICE TEST [12 - 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
Question : 1 [SSC CGL 2016]
”Smart Money” term is used for
a) eBanking
b) Cash with Public
c) Credit Card
d) Internet Banking
Answer »Answer: (c)
Credit cards are sometimes considered as smart money since they enable transactions without the need for physical cash and that, too, is a convenient manner.
It is plastic money that is used to pay for products and services at over 20 million locations around the world. In purely economic terms, Smart Money refers to investments made by people experienced in matters of finance.
Question : 2 [UPSC (Pre) 2001]
Consider the following statements regarding Reserve Bank of India.
- It is a banks to the Central Government.
- It formulates and administer monetary policy.
- It acts as an agent of government in respect of India.
- It handles the borrowing programme of Government of India.
a) 2, 3 and 4
b) 3 and 4
c) 1, 2, 3 and 4
d) 1 and 2
Answer »Answer: (c)
Question : 3 [SSC Constable 2015]
The Cash Reserve Ratio is a tool of :
a) Agricultural policy
b) Fiscal policy
c) Monetary policy
d) Tax policy
Answer »Answer: (c)
Cash Reserve Ratio (CRR) is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the central bank.
CRR is a crucial monetary policy tool and is used for controlling the money supply in an economy.
Question : 5
Match the following.
List I | List II |
(Goods) | (Example) |
i. Public goods | a. Primary education |
ii. Merit goods | b. National defence |
iii. Non-merit goods | c. Pollution |
a) i-b, ii-a, iii-c
b) i-a, ii-b, iii-c
c) i-c, ii-b, iii-a
d) i-a, ii-c, iii-b
Answer »Answer: (a)
Public goods include,
- national defence,
- police,
- general administration,
- Merit goods include primary education,
- immunisation,
- public health programme,
Non-merit goods include pollution caused by automobile emissions.
IMPORTANT indian economy mcq EXERCISES
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Banking & Financial Institutions Features GK MCQ Quiz PDF »
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499+ Indian Monetary Aggregates & Money Supply GK MCQ PDF »
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Top 500+ Banking & Financial Institutions GK MCQ Test PDF »
Money Supply, Banking and Financial Institutions Shortcuts »
Click to Read...money supply, banking & financial institutions section 5 Online Quiz
Click to Start..Money Supply, Banking and Financial Institutions Shortcuts and Techniques with Examples
indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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