Money & Credit

Which authority regulate and overlook the credit sysetm and economic activites in India

• NSSO
• CBI
• Finance Minister
• RBI

Which one is an example of Informal Source of Credit

• Banks
• Cooperative Societies
• Money Lender
• All of these

Who is the founder of Grameen Bank of Bangladesh?

• Mohammad Yunus
• Mohammad Kasim
• Mohammad Tuglaq
• Mohammad Zakir

A financial institution which accepts deposits from public and provide loans to them.

• Share Market
• Insurance Company
• Banks
• All of these

Money can be best described as

• Medium of transaction
• Medium of exchange
• Deposit in Banks
• Payment through cheque

Which one of the following is not a modern form of money?

• Demand deposits
• Paper currency
• Coins
• Precious metals

Number of Reserve Banks in a country is

• Two
• Three
• One
• Five

Which one of the following statements is most appropriate regarding transaction made in money?

• it is the easiest way

• it is safest way

• it is the cheapest way

• it promotes trade

Under Barter System the exchange of goods require ____.

• Double coincidence of wants

• A good transport system

• Advertising

• Communication

  
  

At present which form of money is increasingly used apart from paper money?

• (a) bitcoins

• (b) Metallic money

• (c) Plastic money

• (d) All the above