Monetary Economics One Mark Questions

12th Standard EM

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Economics

Time : 00:30:00 Hrs
Total Marks : 10
    5 x 1 = 5
  1. The RBI Headquarters is located at

    (a)

    Delhi

    (b)

    Chennai

    (c)

    Mumbai

    (d)

    Bengaluru

  2. Money is

    (a)

    acceptable only when it has intrinsic value

    (b)

    constant in purchasing power

    (c)

    the most liquid of all assets

    (d)

    needed for allocation of resources

  3. Money supply means the total amount of money in_____

    (a)

    world

    (b)

    state

    (c)

    country

    (d)

    economy

  4. In India, currency notes are issued by the_______

    (a)

    State Bank

    (b)

    RBI

    (c)

    World Bank

    (d)

    SBI

  5. The symbol of India rupee came into use on________

    (a)

    15th July, 2010

    (b)

    16th July, 2010

    (c)

    15th June, 2010

    (d)

    16th June, 2010

  6. 5 x 1 = 5
  7. Medium of exchange

  8. (1)

    CRR

  9. Goods exchange for goods

  10. (2)

    Currency and coins

  11. Money supply

  12. (3)

    Barter system

  13. Cash Reserve Ratio

  14. (4)

    CRR

  15. M1

  16. (5)

    M1,M2,M3 & M4

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