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Central Banking Quiz - Chap 1

Authored by Minal G

Professional Development

12th Grade

Used 2+ times

Central Banking Quiz - Chap 1
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary role of a central bank?

To manage government budgets

To regulate the stock market

To provide loans to individuals

To issue currency notes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which year was the Reserve Bank of India established?

1949

1934

1950

1960

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a function of a central bank?

Managing real estate

Providing personal loans

Issuing credit cards

Controlling inflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the oldest central bank in the world?

Federal Reserve System

Bank of England

Riksbank

European Central Bank

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economist defined a central bank as 'lender of the last resort'?

R.C. Hawtrey

Vera Smith

Paul Samuelsson

Dekock

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the acronym LPG stand for in the context of the Reserve Bank of India?

Liberalization, Privatization, Globalization

Local, Public, Government

Liquidity, Profitability, Growth

Loans, Payments, Grants

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a factor contributing to the growth of central banking?

Free flow of capital

Increased government spending

Integration of economies

Rapid growth of the financial sector

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