Tick the correct option.
Q.1 Which of the following is / are advantage(s) of having sole
authority of currency issue with Central Bank ?
(a) Develops trust in the banking system.
(b) Uniformity in currency issue.
(c) Management of money supply in the economy.
(d) All of the Above.
Q.2 If CRR IS 10 % and SLR is 15%, value of money multiplier
will be:
(a) 2
(b) 3
(c) 4
(d) Can't be determined.
Q.3 In a government budget ,estimated receipts exceed
estimated expenditures during a fiscal year, this situation
can be used to deal with which of the following situation?
(a) Inflation
(b) Deflation
(c) Both (a) and (b)
(d) Neither (a) nor (b)
Answers
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2
Answer:
Q1. d) All of the above.
Q2. 2.
Q3. c.
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