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WorksheetsEco
Total questions: 10
Worksheet time: 4mins
Which among the following is considered to be the most liquid asset?
Gold
Money
Land
Treasury bonds
Currency notes and coins are called as:
Flat money
Legal tenders
Fiat money
Legal tender and Fiat Money
In the terminology of economics and money demand, the terms M1 and M2 are also known as :
Short money
Long money
Broad money
Narrow money
What is the Cash Reserve Ratio (CRR)?
the fraction of the deposits that commercial banks lend to the customers
the fraction of the deposits that RBI must keep with commercial banks
the fraction of the deposits that commercial banks must keep with RBI
none of the above
What is 'Bank rate'?
The rate at which commercial banks borrow money from RBI
The rate at which commercial banks lend money to customers
The rate at which commercial banks lend money to RBI
none of the above
Central Bank is a/an
Apex Bank
Rural Bank
Regional bank
Commercial Bank
One of the measures of the money supply is,
O1
N1
M1
P1
Money is a medium of,
Communication
Barter
Speculation
Exchange
One drawback of barter exchange is,
Lack of trust
Lack of coincidence of wants
Lack of double coincidence of wants
Lack of goods
SLR full form is
Standard Liquidity reserve
Statutory Liquidity ratio
Standard Liquidity ratio
Statutory Liquidity ration
