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MONEY QUESTIONS

Exam NameMONEY QUESTIONS
DescriptionMONEY QUESTIONS and Answers exams contains the questions from various competitive exams.These questions are the part of previous year paper.These kind of questions would be helpful in preparing for exams like IAS, PCS, UPSC, NDA, CDS SSC, RRB, PSC, IBPS
Exam TypeMASTER EXAM
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creatorAnirudh(39045)
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Question: The major aim of devaluation is to:

Answer:Encourage exports


Question: Which amongst the following currencies is the costliest ?

Answer:Pound Sterling


Question: Which of the following Mahatma Gandhi series of currency notes issued by the RBI has ecology depicted on it?

Answer:Rs.100/-


Question: Which of the following Mahatma Gandhi series currency notes issued by the RBI has a drawing of the Parliament House depicted on it ?

Answer:Rs.50/-


Question: Inflation is caused by :

Answer:Increase in money supply


Question: Devaluation usually causes the internal prices to :

Answer:Remain unchanged


Question: In India one rupee coins and notes and subsidiary coins are issued by:

Answer:The Central Government


Question: New Capital issue is placed in :

Answer:Primary market


Question: The process of curing inflation by reducing money supply is called:

Answer:Disinflation


Question: Long term funds in the capital market can be raised either by borrowing from certain institutions or through :

Answer:Issue of Securities


Question: The currecy of Thailand is;

Answer:Bhat


Question: Which one of the following statement is correct :

Answer:Bad money drives good money out of circulation


Question: Who has the sole right to issue paper currency in India ?

Answer:The Reserve Bank of India


Question: Full convertibility of a rupee means :

Answer:determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply


Question: The present Indian monetary system is based on :

Answer:Minimum reserve system


Question: The term stagflation refers to a situation where:

Answer:rate of growth and prices both are decreasing


Question: The RBI issues currency notes under the :

Answer:Minimum Reserve System


Question: During period of inflation rates should :

Answer:Increase


Question: The existence of a parallel economy or Black Money:

Answer:makes the monetary policies less effective


Question: In the paralance of economy/commerce, what is Gittedged market ?

Answer:market of safe (such as Government) securities