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WorksheetsMoney and Banking
Total questions: 15
Worksheet time: 8mins
Which of the following is a commonly accepted definition of money?
Any good which is commonly uiesd as a store of value
Any good which is exchanged foe gold at a fixed rate.
Any good which is acceptable to a bank
Any good which is commonly accepted as medium of exchange
Money which is accepted as a medium of exchange because of trust between the payer and the payee is called-
full bodied money
fait money
fiduciary money
credit money
Money thai is issued by the authority of the government is called-
full bodied money
fait money
fuduciary money
all the above
supply of money is a
Flow variable
Stock variable
real flow
none of these
In India there are four alternative measures of money supply: M1,M2, M3, and M4 of these M1=
Currency with people
Currency with people+ Demand deposdit
Currency with people+ Demand deposdit+ Other deposit with RBI
none of these
commercial bank creat credit money by way of --
Time deposit
Treasury Bill
Bill of Exchange
demand deposit
Maximum credit that commercial bank can legally creat depends on their
Gold Reserve
legal reserve ratio( LRR)
CRR
SLR
SLR requires the commercial bank to build their liquid assets by way of
Reserve of cash
Reserve of gold
resurve of unencumbered secirities
all of these
Credit control means-
Contraction of credit only
Extention of credit only
Extention and contraction of money supply
none of these
Which of the following is not a tools of credit control?
CRR
SLR
Moral suasions
Managed floting
Inflation is to be combated the RBI-
Raise in CRR and lower SLR
Lower CRR and raise SLR
Raise both CRR and SLR
none of these
Open market operation as an instrument of credit control are performed by
Central bank of country
the commercial bank pof country
Both a and b
none of these
commercial bank contribute to the supply of mioney by the way of
(a)
Rationing of credit is the ------------ methods of control money supply in the economy.
(a)
------------- relate the instant loan requirement of the commercial bank.
(a)
