CURRENCY INFLATION MCQS SET 11

CURRENCY INFLATION MCQS SET 11

101) Consider the following money supplies
1. Narrow money
2. Saving deposits in the post office
3. Time deposits of the public with bank
4. Total post office savings
Which of the money supplies given above are the major components of the Broad Money?
A) 1, 2 and 3
B) 1, 2 and 4
C) 2, 3 and 4
D) 2 and 4
Correct Answer: 1, 2 and 3
   
102) Which one of the following money supplies In the Indian economy consist the total post office savings?
A) M1
B) M2
C) M3
D) M4
Correct Answer: M4
   
103) Which one of the following agencies given below has started the RESIDEX in India?
A) NHB
B) ICICI bank
C) HDFC
D) None of these
Correct Answer: NHB
   
104) Consider the following statements
1. Sectoral currency is a form of complementary currency that is restricted to a specific sector.
2. Digital gold currency is a form of electronic money based on ounces of gold.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Both 1 and 2
   
105) Which one among the following is the ratio to determine the 'Money Deepening' of an economy?
A) Ratio of average M3 to GDP
B) Ratio of average M3 to M1
C) Average ratio of M to M0
D) Both 'b' and 'c'
Correct Answer: Ratio of average M3 to GDP

106) Consider the following statements
1. Repo bills are typically short-term bills.
2. Repo bills are not unusual to see with a maturity as long as two years.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Both 1 and 2
   
107) Which one of the following pairs is correctly matched?
A) M0 : Reserve Money
B) M1 : Broad Money
C) M2 : Narrow Money
D) None of the above
Correct Answer: M0 : Reserve Money
   
108) Consider the following statements
1. The rank of India in International Monetary Fund (IMF) is 13th is the list.
2. China ranks second just after the United States in the quota terms of IMF.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Neither 1 nor 2
   
109) Foreign Exchange Reserves are accumulated when there is absorption of the excess foreign exchange flows by the RBI through intervention in foreign exchange markets. Which of the following currency is used by the RBI as an intervention currency?
A) US Dollar
B) Euro
C) Japanese Yen
D) Both 'a' and 'b'
Correct Answer: Both 'a' and 'b'
   
110) Which one among the following is the source of the Reserve Money (M0) in India?
A) Net foreign exchange assets of RBI
B) Government's currency liabilities to the public
C) Net non monetary liabilities of the RBI
D) All of the above
Correct Answer: All of the above