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WorksheetsSUPPLY OF MONEY
Total questions: 20
Worksheet time: 10mins
In case of full bodied money :
commodity value>money value
commodity value<money value
commodity value=money value
none of these
Who supplies money
government
RBI
commercial banks
LIC
M1measurement of money supply=
C+DD+OD
C+CRR+SLR
C+POST OFFICE SAVING ACCOUNT+TERM DEPOSIT
C+DD
Money supply refers to :
Total volume of money held by the public at a particular point of time
Total volume of money held by the public at a period of time
Total amount of money held by Government
Both A & B
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
Other deposits with RBI includes:
Deposits of commercial banks
Demand Deposits of foreign central banks
Deposits of public financial Institutions
Both B & C
what items are not included in the M1 measure of money supply?
currency and coins with public
inter bank deposits
other deposit with RBI
demand deposit with banks
When one commodity is exchanged with another commodity the system is
Barter system
Monetary system
Digital system
Exchange sysrem
Which one of these is a limitation of barter system
Lack of double coincidence of wants
Lack of store of value
Lack of common measure of value
All of these
What possess general acceptability?
Bank draft
Money
Bill of exchange
What is the name of Central Bank in India?
SBI
RBI
PNB
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
The ability to express the value of goods and services in different amounts of a currency is money's function as...
a medium of exchange
a unit of account
a store of value
Which of the following are the functions of money? Multi-select options.
As a medium of exchange
As a store of wealth
As a means of valuating different types of goods and services
As a mean of establishing future claims and payments
money measure M₂ comprises of ____________
M₁ + time deposit all banks
M₁+ savings deposit with post office savings banks
M₁ + National savings certificate
M₁ + Time deposit of the banks as well as saving deposits with post office.
high powered money consist of :
currency and coins held by the public
currency, cash reserves with banks and demand deposits
currency held by public and cash reserves with banks
currency and demand deposits
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
