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WorksheetsContemporary Issues
Total questions: 14
Worksheet time: 2mins
There are ________ schools of thoughts related to Central Banking.
4
3
2
5
_________ school of thoughts believe that the commercial banks should be given the freedom to print currencies.
Free Banking
Rational
According to Rational School of Thought , Central Bank should play _________ role in the economy.
Passive
Active
Important
None of the above
Most of the Central Banks in the world were private banks.
True
False
The role of the central banks across the globe was changed after ____________
Globalization
World War I
World War II
India's Independence
The concept of autonomy of Central Banks was changed firstly in ________
USA
Germany
India
England
Full autonomy of the central bank is myth.
True
False
Autonomy of the Central Bank and Independence of the Central Bank is same.
True
False
MPC was formed in ________
2015
2017
2016
2012
Fiscal Policy is framed by
MPC
RBI
Central Government
SEBI
Monetary Policy and Fiscal Policy should be coordinated with each other.
True
False
Autonomy of RBI in India is restricted due to ___________
Appointment of Officials by Government
Major share of PSBs in Banking Sector
Budgetary policies of the government
Demonitisation
The following were some of the incidences where the government and central banks was at the loggerhead except
Loan Waiver
Preventive Corrective Action against Banks
Appointment of Governor
Demonetization
If Interest Rates are increased and the taxes are reduced, money supply will
Increase
Decrease
Neutral
Can not be determined
