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

Discuss »

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.

  1. It is a banks to the Central Government.
  2. It formulates and administer monetary policy.
  3. It acts as an agent of government in respect of India.
  4. It handles the borrowing programme of Government of India.
Which of these statements are correct?

a) 2, 3 and 4

b) 3 and 4

c) 1, 2, 3 and 4

d) 1 and 2

Discuss »

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

Discuss »

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 : 4 [UPPCS (Mains) 2010]

In India ‘Money and Credit’ is controlled by the

a) Industrial Development Bank of India

b) State Bank of India

c) Reserve Bank of India

d) Central Bank of India

Discuss »

Answer: (c)

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
Codes: i ii iii

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

Discuss »

Answer: (a)

Public goods include,

  1. national defence,
  2. police,
  3. general administration,
  4. Merit goods include primary education,
  5. immunisation,
  6. public health programme,

Non-merit goods include pollution caused by automobile emissions.

IMPORTANT indian economy mcq EXERCISES

Money Supply, Banking and Financial Institutions Shortcuts »

Click to Read...

money supply, banking & financial institutions section 5 Online Quiz

Click to Start..
1277 money supply banking financial institutions based indian economy MCQ section 5 question answer
Money Supply, Banking and Financial Institutions Shortcuts and Techniques with Examples
indian economy MCQ CATEGORIES
RECENT BLOGS
SSC CHSL Exam Centres 2023 Tier 1 & 2: State-Wise Apply Link
SSC CHSL Exam Centres 2023 Tier 1 & 2: State-Wise Apply Link Read more...
SSC CHSL 2023 Tier 2: Syllabus PDF & Exam Pattern [Changed]
SSC CHSL 2023 Tier 2: Syllabus PDF & Exam Pattern [Changed] Read more...
SSC CHSL Tier 1 Revised Syllabus 2023 & New Topics List PDF
SSC CHSL Tier 1 Revised Syllabus 2023 & New Topics List PDF Read more...
SSC CHSL 2023 Tier 2 New Revised Exam Pattern & Syllabus PDF
SSC CHSL 2023 Tier 2 New Revised Exam Pattern & Syllabus PDF Read more...

Recently Added Subject & Categories For All Competitive Exams

SSC STENO: Speed Time and Distance MCQ Questions Test PDF

Free Time and Distance Aptitude-based Practice multiple questions with solutions, Quiz series, Mock Test & Download PDF for SSC Steno (Grade C & D) 2024 Exam

29-Apr-2024 by Careericons

Continue Reading »

SSC STENO: Time & Work Questions Solved Problems with PDF

Free Time and work Aptitude-based Practice multiple questions with solutions, Quiz series, Mock Test & Downloadable PDF for SSC Steno (Grade C & D) 2024 Exam

27-Apr-2024 by Careericons

Continue Reading »

SSC STENO 2024: Free Reading Comprehension MCQ Test PDF

Top Reading Comprehension English Section-wise multiple choice questions and answers, Full Mock Test Series & Online Quiz for SSC Steno Grade C & D 2024 Exam

26-Apr-2024 by Careericons

Continue Reading »

Free Percentage Questions Answers for SSC STENO 2024 Exam

Important Top Percentage Aptitude-based multiple choice questions and answers practice quiz series, Online Mock Test PDF for SSC Steno Grade C & D 2024 Exam

25-Apr-2024 by Careericons

Continue Reading »