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XII Economics NCERT syllabus

XII Economics NCERT syllabus

Assessment

Flashcard

Other

11th - 12th Grade

Practice Problem

Hard

Created by

Shrishti Kaushik

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

What is the Cash Reserve Ratio (CRR)?

Back

the fraction of the deposits that commercial banks must keep with RBI

2.

FLASHCARD QUESTION

Front

What possesses general acceptability?

Back

Money

3.

FLASHCARD QUESTION

Front

Which bank is called lender of last resort?

Back

Central bank

4.

FLASHCARD QUESTION

Front

Which bank enjoys monopoly power of Note issue?

Back

Central Bank

5.

FLASHCARD QUESTION

Front

The rate at which central bank lends to commercial banks is called?

Back

bank rate

6.

FLASHCARD QUESTION

Front

Buying and selling of government securities by the central bank from/to banks is called?

Back

open market operations

7.

FLASHCARD QUESTION

Front

Which of the following is a commonly accepted definition of money?

Back

Any good which is commonly accepted as medium of exchange

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