economics class 12

economics class 12

12th Grade

12 Qs

quiz-placeholder

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economics class 12

economics class 12

Assessment

Quiz

Professional Development

12th Grade

Medium

Created by

Chandrahas jha

Used 63+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The rate at which commercial banks borrow from the central bank is called

Bank rate

Legal reserve ratio

reverse repo rate

Cash reserve ratio

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the short term borrowing rate at which reserve bank of india borrows money from commercial bank is called?

bank rate

discount rate

repo rate

reserve repo rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

...... is the main source of money supply in an economy

central bank

commercial bank

government

both a and b

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

measuring the value of goods and services refers to which of the of the following functions money?

store of value

unit of value

standard of deferred payments

medium of exchange

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following functions of money simplifies the process of borrowing and lending?

store of value

medium of exchange

standard of deferred payments

unit of value

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not included in money supply?

currency held by public

inter- bank- deposits

demand deposits in banks

saving deposits with post office banks

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

M1 of money supply does not include

currency held by public

other deposits in RBI

Demand deposits with the commercial banks

net time deposits with banks

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