CBSE  /  Class 12  /  Economics  /  Money and Banking

  • 1. 
    Which of the following is the function of the Central Bank?

  • Monopoly of Note Issue
  • Banker of the Government
  • Custodian of Foreign Exchange Reserves
  • All the above

  • 2. 
    Which type of currency is issued by Central Bank?

  • Currency
  • Credit Money
  • Coins
  • All of these

  • 3. 
    Which is the major objective of credit control?

  • To maintain Price Stability
  • To stabilize Exchange Rate
  • To production and Employment
  • All the above

  • 4. 
    Which one is true?

  • Bank rate is a rate at which Central Bank is ready to give credit to commercial banks
  • Bank rate and interest rates are different
  • Bank rate is the discount rate of the Central Bank
  • All the above

  • 5. 
    Which is not a quantitative method of credit control?

  • Bank Rate
  • Moral Suasion
  • Open Market Operations
  • Change in CRR

  • 6. 
    Every bank is required to maintain a fixed percentage of its assets in the form of cash is called:

  • Cash Reserve Ratio
  • Statutory Liquidity Ratio
  • Both (a) and (b)
  • None of the above

  • 7. 
    Reserve Bank of India was established in :

  • 1947
  • 1935
  • 1937
  • 1945

  • 8. 
    Monetary policy is related with:

  • Public Expenditure
  • Taxes
  • Public Debt
  • Open market operations

  • 9. 
    Which of the following issue paper currency in the country?

  • Commercial Bank
  • Central Bank
  • World Bank
  • Industrial Bank

  • 10. 
    The central bank controls credit through:

  • Bank rate
  • Open market
  • CRR
  • All the above
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