Quiz on Control of money supply by the Central Bank
Authored by TENZIN THUPTEN 2131807
Arts
9th - 12th Grade
Used 1+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Who adopts various measures to control the supply of money in economy?
Central Bank
Reserve bank
State bank
Union bank
Answer explanation
The central bank adopts various measures to control the supply of money in the economy. largely, these measures relate to credit supply by the commercial banks. Which is why monetary policy of the central bank is often known as credit contol policy.
2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
The rate of interest at which RBI lends money to commercial bank is known as
(a)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
CRR stands for?
Credit reserve ratio
Cash Reserve ratio
Cash restock ratio
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the difference between Bank rate and Repo rate?
Evaluate responses using AI:
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What do you mean by selective credit control?
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Answer explanation
it refers to the discriminatory policy of central bank relating to select sectors of the economy.
6.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
(a) refer to the sale and purchase of securities in the open market by RBI.
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