FeedBack Form

Your Name :
Your Email :
Your Location :
Your Message :
   
FeedBack

Banking, Currency Mcq Questions

General Knowledge
17. Monetary policy is regulated by
 
  • A. Money lenders
  • B. Central Bank
  • C. Government policy
  • D. Private entrepreneurs
Answer: C.
Government policy
 
18. The highest denomination of currency notes in circulation as legal tender in India is at present?
 
  • A. Rs. 50
  • B. Rs. 500
  • C. Rs. 1000
  • D. Rs. 2000
Answer: D.
Rs. 2000
 
 
19. Which of the following is not an asset held by commercial banks?
 
  • A. Bills of exchange
  • B. Credit balances with the Reserve Bank
  • C. Money lent at short notice
  • D. Current account deposits
Answer: D.
Current account deposits
 
20. Which of the following can be used for checking inflation temporarily?
 
  • A. Increases in wages
  • B. Decreases in taxes
  • C. Decrease in money supply
  • D. None of these
Answer: C.
Decrease in money supply