WorksheetsMoney
Total questions: 10
Worksheet time: 5mins
Who regulates money supply in India?
Government of India
Reserve Bank of India
Commercial banks
Planning Commission
Assertion: Supply of money is a flow variable.
Reason: It is measured at a point of time.
Assertion and Reason both are correct statements and Reason is correct explanation for Assertion.
Assertion and Reason both are correct statements but Reason is not correct explanation for Assertion.
Assertion is true but Reason is false.
Assertion is false but Reason is true
M1 of money supply does not include________.
Currency held by public
Other deposits in RBI
Demand deposits with the Commercial Banks
Net time deposits with banks
Read the following dialogue between two people.
Ramesh: I want 1 kg of potatoes.
Suresh: What will you give in exchange?
Ramesh: I can give you two litres of milk in return for the potatoes.
Suresh: I don’t need milk. I want a pair of shoes.
WhichofthefollowingproblemisbeingfacedbyRameshandSureshintheirexchangeprocess?
Lack of double coincidence of wants
Absence of common unit of value
Lack of store of value
Lack of standard of deferred payment
Which of the following functions of money simplifies the process of borrowing and lending?
Store of value
Medium of exchange
Standard of deferred payments
Unit of Value
Measuring the value of goods and services refers to which of the following functions of money?
Store of value
Unit of value
Standard of deferred payments
Medium of exchange
Demand deposit are __________.
(i) Chequeable deposits
Non-Chequeable deposits (ii)
Deposits which can be withdraw on demand (iii)
Both (i) and (iii)
Banks create credit:
out of nothing
on the basis of their securities
on the basis of their total assets
on the basis of deposits
If LRR is 205, the value of money multiplier would be:
2
3
4
5
If LRR decreases from 25% to 20%, money multiplier will _____ from ____ to ____.
Rise,5,4
Rise,4,5
Fall,5,4
Fall,4,5
