Money and Banking online Test

Result

Money and Banking online Test - 36

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Weekly Quiz Competition

Question 1
1 / -0

One rupee note in India is signed by ____________.

A
RBI Governor

B
Union Finance Minister

C
Secretary, Finance Ministry

D
Secretary, Commerce Ministry
Question 2
1 / -0

Which one of the following is not instrument of selective credit control in India ________.

A
regulation of consumer credit

B
rationing of credit

C
margin requirements

D
variable cash reserve ratios
Question 3
1 / -0

The Statutory Liquidity Ratio(SLR) is _________.

A
amount of cash kept by a bank with the RBI

B
amount of gold and securities that it keeps with itself

C
amount of deposits with the other banks minus deposits of the other banks with the bank

D
amount of cash, gold unencumbered, approved securities with a bank and its deposits with the other banks minus deposits of the other banks with this bank
Question 4
1 / -0

In June 2003, i.e. post-reform period, CRR was 15%, which gradually dropped from this peak to _________ by Sep, 2012.

A
12%

B
10%

C
8%

D
4.5%
Question 5
1 / -0

Which one of the following methods is not used by the RBI?

A
Bank Rule Policy

B
Open Market Operations

C
Changes in the Cash Reserve Ratio

D
Devaluation of Rupee
Question 6
1 / -0

Which of the following is not a necessary characteristic of money?

A
It is a unit of account

B
It is a store of value

C
It is of intrinsic value

D
It is generally acceptable
Question 7
1 / -0

Bank money takes the form of _________.

A
bank deposits

B
paper currency notes

C
security

D
equity shares
Question 8
1 / -0

Margin money is a part of __________.

A
income policy

B
rice policy

C
credit policy

D
monetary policy
Question 9
1 / -0

Which of the following is not a function of money?

A
Medium of exchange

B
Unit of account

C
Standard of deferred payment

D
Store of metal
Question 10
1 / -0

Which of the following are included in the functions of the Central bank?
(i) Narrowing the export- import gap
(ii) Issuing of notes
(iii) Acting as the Government's bank
(iv) Acting as the commercial bank's banker

A
(i), (ii)

B
(ii), (iii)

C
(ii), (iii), (iv)

D
(i), (ii), (iii), (iv)

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Re-Attempt Weekly Quiz Competition

Money and Banking online Test - 36

Result

Money and Banking online Test - 36

Score

-

Rank

-

SHARING IS CARING

Question 1

RBI Governor

Union Finance Minister

Secretary, Finance Ministry

Secretary, Commerce Ministry

Question 2

regulation of consumer credit

rationing of credit

margin requirements

variable cash reserve ratios

Question 3

amount of cash kept by a bank with the RBI

amount of gold and securities that it keeps with itself

amount of deposits with the other banks minus deposits of the other banks with the bank

amount of cash, gold unencumbered, approved securities with a bank and its deposits with the other banks minus deposits of the other banks with this bank

Question 4

12%

10%

8%

4.5%

Question 5

Bank Rule Policy

Open Market Operations

Changes in the Cash Reserve Ratio

Devaluation of Rupee

Question 6

It is a unit of account

It is a store of value

It is of intrinsic value

It is generally acceptable

Question 7

bank deposits

paper currency notes

security

equity shares

Question 8

income policy

rice policy

credit policy

monetary policy

Question 9

Medium of exchange

Unit of account

Standard of deferred payment

Store of metal

Question 10

(i), (ii)

(ii), (iii)

(ii), (iii), (iv)

(i), (ii), (iii), (iv)

User

Question Analysis

My Perfomance

Score

-

Rank

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