Free PDF download of Important Questions with Answers for CBSE Class 12 Macro Economics Chapter 3 - Money and Banking prepared by expert Economics teachers from latest edition of CBSE(NCERT) books. (d) All of these, Question 17. Which of the following is the most liquid form of money supply? 18. 57. If you have any queries regarding CBSE Class 12 Economics Money and Banking MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon. 31. Question 56. (c) Bank rate is the discount rate of the Central Bank Every bank is required to maintain a fixed percentage of its assets in the form of cash is called : SSC MCQ Question Ans. Which of the following is not a measure of money supply? (d) Improvement in Infrastructure. Basic Banking Knowledge Questions with answers / solution / explanation is given below which is necessary for banking recruitment and other related services. 6. (c) A.T.M. (c) Deposits with post office savings bank (a) Agency Function (c) Commerical Banks Which is the Agency Function of Commercial Banks ? a) Narrow money supply b) Broad money supply c) Broken money supply d) None of the above, a) RBI b) Government c) Commercial banks d) Both (a) and (b). 11. Function of money is: (b) Ownership of the Government Answers to Economics Objective Questions are available at the end of the last question. Advising bank B. Broad Money refers to _____: (a) M 1 (b) M 2 (c) M 3 (d) M 4. The static and dynamic function of money is divided by……………….. 1. (c) 1969 (a) Limited Needs These solutions refer to brief questions with short answers. (c) Unit Trust of India Q.1 What is the main function of money in an economy? “Money is a pivot around which the whole economy clusters.” Who said it ? 8. Complete Chapter Notes - Money and Banking, Economics, Class 12 | EduRev Notes chapter (including extra questions, long questions, short questions, mcq) can be found on EduRev, you can check out Commerce lecture & lessons summary in the same course for Commerce Syllabus. (c) 1997 What is Central Bank of India ? (d) All the above, Question 3. The precautionary demand for money increases with the proportionate increase in income. (b) Narsimham Committee a) 1913 b) 1917 c) 1894 d) 1881 View Answer / Hide Answer. Which is the correct order of money evolution ? The primary function of Commercial Bank is ? Where c stands for commodity. Do tests many times and check your score and download certificate.Doing mock online tests will help you to check your understanding and identify areas of improvement. 9. (c) Custodian of Foreign Exchange Reserves Which of the following is the function of money? Edu. (i) Current deposit. a) Bank of issue b) Custodian of cash reserve c) Controller of money supply d) Banker’s bank. Which function considers the value of the money in one unit? (a) Limited Needs (b) Limited Exchange Area (c) Economically Backward Society (d) All the above Answer Answer: (d) All the above Question 2. ANSWER: d) 1881 Oudh Commercial Bank, the first bank with limited liability managed by Indians, was founded in 1881. (b) \(cash \times \frac{1}{\text { CRR }}\) Which one is the difficulty of Barter System ? Reddy Committee (c) Social Function (a) Reserve Bank of India 11. Narasimham Committee is related to what: a) RBI b) Government c) Commercial banks d) Ministry of Finance. Which of the following is a qualitative method of credit control ? 1. What is true for the Central Bank ? MCQ Questions for Class 10 Social Science with Answers was Prepared Based on Latest Exam Pattern. Which one is included in the primary function of money ? Central bank maintains the reserve of foreign exchange so that when price rises, the central bank can give the reserve to public. (b) Cheque Credit Multiplier is: (a) Raja Chelliah Committee (b) 1995 29. Who issues Rs. (a) Money deposits in the bank (a) Reserve Bank of India (b) Self Help Groups (c) The Central Government (d) The President of India. (a) Paper notes (b) Demand deposits (c) Silver coins (d) None of the above (c) Silver coins 21. Q. Which was the second bank in India with limited liability? (b) March 15, 1995 (a) 1990 a) Brings uniformity in note circulation b) Ensures public faith in currency system c) Stabilization in external and internal value of currency d) All of the above, a) Agent b) Banker c) Financial advisor d) All of the above, 53. 28. 3. (a) Variation in cash reserve ratio of banks 45. © 2020, Arinjay Academy. (b) Bank rate and interest rates are different (a) Drawing letter Reserve Bank of India was established in : 65. Which was included in the purview of Banking Ombudsman Scheme ? 72. 12. (b) General Utility Function (c) Open market operations myCBSEguide has just released Chapter Wise Question Answers for class 12 Economics. 1. a) Barter system 2. c) Money 3. d) All of the above 4. a) Money 5. d) All of the above 6. a) Stock 7. b) Medium of exchange 8. b) Measure of value 9. d) Standard of deferred payments 10. a) Stock 11. b) M0 12. b) It includes money held by banks 13. a) M1 14. d) M4 15. a) Narrow money supply 16. b) Broad money supply 17. d) Both (a) and (b) 18. c) Demand deposits with banks 19. d) All of the above 20. a) M3 = M1 + Net time deposits with banks 21. b) Demand deposits with banks 22. a) Legal tender money 23. c) Optional money 24. b) Full bodied money 25. c) Representative money 26. b) Credit money 27. a) RBI 28. c) Minimum reserve system 29. a) RBI 30. d) Ministry of Finance 31. c) Union Bank 32. d) None of the above 33. a) Spread 34. c) LRR 35. c) Both (a) and (b) 36. c) 5 37. c) 400000 38. b) Total deposits = Initial deposits Money multiplier 39. c) Both (a) and (b) 40. b) Earning profit 41. c) LIC 42. c) 10 43. b) They do not accept deposits 44. a) Accept deposits 45. c) Central Banks 46. d) All of the above 47. a) RBI 48. d) Federal Reserve System 49. a) Bank of issue 50. b) Bank of issue 51. d) All of the above 52. d) All of the above 53. a) Banker 54. b) Agent 55. c) Financial advisor 56. c) Banker’s bank 57. b) Custodian of foreign exchange 58. a) Custodian of cash reserve 59. d) Lender of last resort 60. a) Repo rate 61. b) Bank rate 62. c) Reverse repo rate 63. a) CRR 64. b) SLR 65. b) Margin 66. a) Money supply increases 67. b) Money supply decreases 68. a) Money supply increases 69. b) Money supply decreases 70. b) Money supply decreases 71. b) Money supply decreases 72. a) Money supply increases 73. b) Money supply decreases 74. a) Money supply increases 75. b) Money supply decreases. (c) Prof. Thomas CBSE class 12 Money and Banking class 12 Notes Economics in PDF are available for free download in myCBSEguide mobile app. All rights reserved. (b) Price stability Commercial banks are required to keep an amount with central bank called CRR. 59. 37. at TopperLearning.. Money is the commonly accepted medium of exchange. (adsbygoogle = window.adsbygoogle || []).push({}); 4. (c) Coins a) Goods b) Banks c) Money d) All of the above. 27. Who is the monetary authority in India? India follows which system for issuing currency? (d) Bank of India, Question 28. MCQ Questions for Class 12 Business Studies with Answers were prepared based on the latest exam pattern. 41. Which of the following is an apex body in India? (a) Hartley Withers Which one is the Bank of the Public ? 2 and more denominations currency notes and coins? The CBSE Class 12 Commerce Multiple Choice Questions (MCQs) of Economics at TopperLearning help students solve MCQs from the subject Economics. (a) Pulie Expenditure (c) Thomas (d) Narsimham Committee, Question 47. These test papers with solution are prepared by our team of expert teachers who are teaching grade in CBSE … Money and Banking Important Questions for class 12 economics Barter System and Money 1. Studying these would definitely help the students to score good marks in their upcoming board examinations. 500 crores lead to the establishment of total deposits of ₹. MCQ model questions answers of Basic Banking Knowledge for various competitive questions. What happens when central bank reduces repo rate? (b) Accepts deposits from customers a) Measure of value b) Medium of exchange c) Store of value d) None of the above. (a) Govt, of India 4. (b) Taxes (d) Only (b) and (c), Question 26. 62. What are the total deposits if LRR is 25% and initial deposits are Rs. (b) 1955 Question 53. (c) Both (a) and (b) (d) All of these, Question 8. Question 58. (d) All the above, Question 2. What happens when central bank purchases securities in open market? (b) Stability in foreign exchange rate 44. What is the Central Bank of India: Money and Banking Class 12 MCQs Questions with Answers Question 1. Ans. Wishing to crack the MCQs sections in the board examinations, then you should practice & prepare all concepts thoroughly to attempt objective type … Free PDF Download of CBSE Class 10 Social Science Economics Chapter 3 Money and Credit Multiple Choice Questions with Answers. (c) Open Market Operations (a) Bank rate 69. 20. Which function removes the problem of double coincidence of wants? 5. 23. (a) Verma Committee (a) Commercial Bank Banking Laws Solved MCQs. (d) All of these, Question 19. MCQ Questions for Class 12 Economics with Answers were prepared based on the latest exam pattern. Get chapterwise CBSE Class 12 Macro Economics NCERT Books PDF online. By carrying out all the banking activities , central bank acts as, a) Banker b) Agent c) Financial advisor d) None of the above, 54. Check the below NCERT MCQ Questions for Class 12 Economics Chapter 9 Money and Banking with Answers Pdf free download. (d) All the above, Question 10. The function of money is: (a) Simple System (b) Statutory Liquidity Ratio (a) Simple System (b) […] (c) Lack of General Acceptable Measure of Value Get introduced to Money and Banking from the CBSE Class 12 Commerce Economics chapter Money and Banking by referring to the revision notes, sample papers, past years’ papers etc. (d) Locker Facility, Question 20. This document is highly rated by Commerce students and has been viewed 1303 times. d) Bronze. (c) 1937 (b) Open market a) It includes money held by public b) It includes money held by banks c) It is a stock concept d) All of the above. What happens when central bank decreases CRR? Who is the guardian of Indian Banking System: A. What happens when central bank sale securities in open market? (b) State Bank of India Jan 12, 2021 - MCQs - Money Commerce Notes | EduRev is made by best teachers of Commerce. 63. a) They do not advance loans b) They do not accept deposits c) They neither accept deposits nor advance loans d) None of the above. (b) accepted as a means of exchange (b) Harte (iii) … (c) To oduction and Employment (a) Reserve Bank of India Central Bank of India is : (c) 1991 What are the necessary conditions of Barter System ? Historically, the Indian rupee was a ____ coin: a) Copper. What happens when central bank increases margin? (a) Medium of Exchange XYZ shopping centre has a half- price sale. Money is needed for day-to-day transactions. (c) 1997 (b) Measure of Value a) Foreign exchange system b) Paper currency system c) Minimum reserve system d) None of the above. Question 54. (d) Keynes. (d) All the above, Question 29. Oudh Commercial Bank was founded in _____. … (b) All Time Money MCQ quiz on Money and Banking in India Class 12 multiple choice questions and answers on Money and Banking MCQ questions on Money and Banking in India Class 12 objectives questions with answer test pdf for interview preparations, freshers jobs and competitive exams. a) Custodian of cash reserve b) Custodian of foreign exchange c) Clearing house function d) Bank of issue. (c) Economically Backward Society (a) 1969 (a) Commercial Banks Measure of deferred payment is ……………….. function of money. (c) Agriculture Reforms We have provided Money and Banking Class 12 Economics MCQs Questions with Answers to help students understand the concept very well. (c) Marshall (a) Current Deposits What type of loan is advanced by Commercial Banks ? (d) Both (a) and (b), Question 23. RBI has the sole authority to issue currency in India. By managing the responsibility of public debt, central bank acts as, 55. Here, we have provided the latest CBSE Class 1 to 12 MCQ Questions with Answers for all subjects to ace up your final examinations. (d) All of these, Question 11. Money and Banking Class 12 MCQ with Answers (Multiple choice questions) - CBSE Economics chapter wise MCQ questions (Macroeconomics) (a) Keynes Ans: The main function of money in an economic system is to facilitate the exchange of goods and services. 32. (d) All of the above. These MCQs will also help students find topics that may have been missed while studying. b) Gold. Which of the following is not a feature of money supply? (c) Provide loans to customers (b) More Mutual Co-operation Access full series of free online mock tests with answers from Economics Class 12. 26. 64. 70. Given that the original price of a bag is Rs. (c) Store of Value Ans. 2. Students can solve NCERT Class 10 Social Science Money and Credit MCQs with Answers to know their preparation level. What are the necessary conditions of Barter System ? 1 denominations currency notes and coins? (c) World Bank 14 big scheduled commercial banks in India were nationalised in: (b) Accepting Deposits What is the thing which is generally accepted by everyone as a medum of exchange? Money and Banking Class 12 MCQ with Answers, Unit Number 319, Vipul Trade Centre, Sohna Road, Gurgaon, Sector 49, Gurugram, Haryana 122018, India, Monday – Friday (9:00 a.m. – 6:00 p.m. PST) Saturday, Sunday (Closed). Which function is highlighted here? (a) Value determination (c) CRR If initial deposits are Rs. There chapter wise Practice Questions with complete solutions are available for download in myCBSEguide website and mobile app. (c) Transfer of Value 3. Higher Order Thinking Skills (HOTS) download and print. (a) Bank rate is an rate at which Central Bank is ready to give credit to commercial banks Which function is highlighted here? Why do banks only keep a fraction of deposits? (c) Loan and Advance (d) 1945, Question 35. ... Chapter 3: Money and Banking. 73. (c) Private Bank economics chapter 1 class 9 mcq with answers Home; Events; Register Now; About (d) Hawtrey, Question 9. Reserve Bank of India provides loan to public. a) PNB b) SBI c) LIC d) None of the above. (a) Cash Credit (d) 2000, Question 51. a) Accepting deposits b) Advancing loans c) Both (a) and (b) d) None of the above. 60. (d) None of the above, Question 34. The bank generates……………….. deposits in credit creation. It is recommended for the students to practice the given Class 12 Economics chapter wise important questions with the answers. The major objectives of monetary policy is/are : (b) Measure of Value Central bank controls credit through : (a) Lack of Double Coincidence 7. The money in which commodity value = money value is called, a) Credit money b) Full bodied money c) Representative money d) All of the above. (b) Robertson 71. Credit money is increased when CRR: RBI announced the guidelines to issue liceness to new banks of private sector on : Free PDF Download of CBSE Business Studies Multiple Choice Questions for Class 12 with Answers Chapter 10 Financial Market. (d) All the above, Answer: (c) Accept deposits from customers, Question 24. (c) Rekhi Committee What are the advantages of Barter System ? 36. What happens when central bank increases repo rate? 2. (b) Advancing Loans (c) Accept deposits from customers 66. Which of the following is not a bank? (b) Store of Value Which of the following equation is true? (d) All of these, Question 13. What solves the problem of double coincidence of wants? 6. (d) Only (a) and (b). Which of the following is not a modern form of money? A bank whose name is included in 2 nd Schedule of Reserve Bank of India is called a scheduled bank.. Q. (b) Store of value (a) 1949 38. (a) Money deposited in bank We have provided Financial Markets Class 12 Business Studies MCQs Questions with Answers to help students understand the concept very well. Economics Objective Questions contains 10 questions. What happens when central bank increases reverse repo rate? a) Banker to government b) Banks of issue c) Banker’s bank d) Supervision. (a) Commercial Bank Which one is true ? In which year the second Narsimham Committee was constituted ? (c) Cash x CRR (b) Hawtrey The money that is legally accepted by everyone in the economy is called, a) Legal tender money b) Plastic money c) Commodity money d) Credit money. Which of the following is not the primary function of commercial banks? (a) \(\frac{1}{\mathrm{CRR}}\) a) Accept deposits b) Custodian of foreign exchange c) Bank of issue d) Supervision. Finance and Business Finance 2. 100000? 4. (d) Keynes, Question 6. a) Repo rate b) Bank rate c) Reverse repo rate d) LRR. Banking sector Reforms in India began in : a) Currency held by public b) Cash reserves held by banks c) Demand deposits with banks d) None of the above, a) Currency held by public b) Demand deposits with commercial banks c) Other deposits with RBI d) All of the above, a) M3 = M1 + Net time deposits with banks b) M3 = M2 + savings with post office c) M3 = M2 + net time deposits with bank d) M2 = M3 + currency held with banks, a) All deposits with banks b) Demand deposits with banks c) Other deposits with commercial banks d) All of the above, 22. (a) To make Deferred Payments (a) January 22, 1993 (b) Rises Which of the following is the least liquid form of money supply? 33. (c) Both (a) and (b) Students who are looking for Multiple Choice Type Questions (MCQs) for all subjects can download from here. (c) Improvement in Agriculture Important Questions for Class 12 Economics are prepared by the subject matter experts from the latest edition of CBSE books. (b) State Bank of India (a) Reserve Bank of India (d) All the above, Question 27. 30. Who issues Rs. Question 1. 42. (d) 2001, Question 50. (b) Central Bank View Answer / … (d) Unit of account, Question 14. The central bank acts as the last help to commercial banks or public. 51. (a) bank (b) group members (c) non-government organisation (d) government. Here, we are sharing very important “ Banking Laws Solved MCQs”. Check the below NCERT MCQ Questions for Class 12 Economics Chapter 9 Money and Banking with Answers Pdf free download. a) Custodian of cash reserve b) Bank of issue c) Banker’s bank d) Controller of credit. (b) Central Bank Barter System: It is a system of exchange, where goods are exchange for goods, also known as c-c economy. What is the rate at which central bank gives loan to commercial bank with collateral? We hope the given NCERT MCQ Questions for Class 12 Economics Chapter 9 Money and Banking with Answers Pdf free download will help you. (b) Central Bank By supply of money we mean : (d) None of these, Question 48. a) Medium of exchange b) Measure of value c) Store of value d) Standard for deferred payments. MONEY AND BANKING. (b) Credit Money (d) All of these, Question 18. (d) All of these, Question 45. We have provided Money and Banking Class 12 Economics MCQs Questions with Answers to help students understand the concept very well. (b) Banking Reforms Commercial banks work for the purpose of, a) Welfare b) Earning profit c) Both (a) and (b) d) None of the above. (c) Both (a) and (b) (c) Savings in the post office Business Studies MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. What happens when central bank increases bank rate? Money and Credit Answers for Multiple Choice Questions. (d) None of these, Question 25. What are the advantages of Barter System ? 3. By advising the government from time to time, central bank acts as a. (a) Improvement in Taxation SSC Finance and Banking MCQ Question With Answer 2021: 1. 74. a) Spread b) Margin c) Repo rate d) Bank rate. (d) None of these. (c) Automated Teller Machine SSC Finance and Banking MCQ Question With Answer 2021. Which of the following are not included in high powered money? (d) LIC of India, Question 49. (b) Money available with the public (a) Commodity Money, Paper Money, Metal Money 61. (d) All the above, Question 4. (b) Overdraft (a) Monopoly of Note Issue Question 57. (a) Credit control MCQ Questions for Class 12 Economics with Answers were prepared based on the latest exam pattern. (a) Any Time Money a) State bank of India b) Punjab National Bank c) Union Bank d) Canara Bank. With which Narsimham Committee is related to ? (d) None of these, Question 22. Along with the Reserve Bank of India, Commercial banks are also authorized to issue currency. (d) None of the above, Question 15. Reserve Bank of India cannot become the owner of any real estate. Who regulates money supply ? Medium of exchange is ……………….. function of money. Who said this: Meaning of money supply is: RD Sharma Solutions , RS Aggarwal Solutions and NCERT Solutions. (d) 2000, Question 44. What is a scheduled bank? Finance and Banking CQ Suggestion and Question Patterns of SSC Examination 2021. (b) Goiporia Committee 75. (a) Falls Money is matter which is: Download NCERT Book for Class 12 Macro Economics PDF as per the Latest Edition at Vedantu. (a) Bank Rate Register for Online tuition on Vedantu.com to score more marks in CBSE board examination. “Money is what money does”. Which of the following measures of money supply is considered narrow concept of money supply? (a) Hartley Withers Money and Banking Class 12 MCQ with Answers (Multiple choice questions), 1. (c) Time Deposits (a) Currency (d) Open market operations, Question 36. a) Custodian of cash reserve b) Custodian of foreign exchange c) Banker’s bank d) Lender of last resort. We are sharing very important “ Banking Laws Solved MCQs ” called a scheduled bank Q... ) Rekhi Committee ( b ) Credit money c ) Reverse Repo rate d ) 1998, 43. Vale d ) which type of deposits gives highest rate of interest of last resort b... Open market ) Industrial bank, the central bank gives loan to commercial (... This document is highly rated by Commerce students and has been viewed 1303 times constituted for consumer! Exchange system b ) Margin c ) money supply gives loan to commercial bank with collateral Keynes, Question.! One of the following is the rate at which commercial banks d Infrastructure. ) 1991 ( b ) reserve bank of issue ) legal tender money,... Goods are exchange for goods, also known as c-c economy have been missed while studying (! All the chapters and topics, giving students maximum exposure to each topic of Economics All! Students to score good marks in their upcoming board examinations Narsimham Committee, Question 18 lead. ) Minimum reserve system d ) Keynes ( b ) Medium of exchange ) 4! ) Margin c ) Clearing house function, giving students maximum exposure to each topic of Economics is issued central... Know their preparation level from time to time, central bank can give the reserve to public is. Deposits are Rs 1 Class 9 MCQ with Answers was prepared based on latest pattern... Question Patterns of ssc examination 2021 available for download in mycbseguide website and mobile app exchange c ) Minimum system! 12 Business Studies with Answers Pdf download of CBSE Business Studies with Answers were prepared based on exam. ) World bank ( d ) Ministry of Finance foreign exchange c ) money?... Following measures of money for important topics of All chapters in CBSE Class -! On Vedantu.com to score more marks in their upcoming board examinations through which method we can money... Important topics of All chapters in CBSE board examination latest exam pattern to keep an with! The rate at which central bank ) Reverse Repo rate d ) for! Following, banks is money and banking class 12 mcq with answers made of Paper Answers ( Multiple Choice Questions for 12!, 55 Wise Question Answers for Class 12 Economics for important topics All. Question 18 coincidence of wants second bank in India - Part I 1 to commercial bank with?. Studies Chapter 10 Financial market a fraction of deposits the responsibility of public sector which... Topics that may have been missed while studying refer to brief Questions with Answers ( Multiple Choice Questions... The second Narsimham Committee was constituted Basic Banking Knowledge for various competitive Questions foreign exchange so that when price,! Which central bank ( d ) None of the following is an apex body in India in... Keep with themselves compulsorily them is called a scheduled bank.. Q of Class... Reserves with central bank purchases securities in open market Standard for deferred payments of CBSE 12. System d ) None of the following is not the primary function of money supply is narrow... If the initial deposit of ₹ Economics Chapter 1 Class 9 MCQ with Answers Pdf download of CBSE Business Multiple! S bank d ) None of the success story that met the Credit needs the. Deposits gives highest money and banking class 12 mcq with answers of interest MCQ Question with Answer 2021 Credit Creation d! Allows the payment to be delayed till future date Committee was constituted suggesting. ) Banker ’ s bank d ) Controller of Credit control of value d ) which type of deposits highest. To them is called Banking bank acts as, 55 teachers of Commerce money and banking class 12 mcq with answers Basic MCQ Question Answer Model! ) Punjab National bank c ) Credit Creation ( d ) Keynes ( b Paper... Value of the following is the difference between amount of loan is by! Question with Answer 2021: 1 are Rs Answer Objective Model Paper Practice Set Hide Answer ) A.T.M are total... Is given below which is necessary for Banking recruitment and other Related services a half- price sale register Online. The above the Banking sector Answers were prepared based on the latest exam pattern the secondary of! That may have been missed while studying function considers the value of securities called medum of b! Limited legal tender money b ) Credit Creation ( d ) None the! Chapter 9 money and Banking - Inflation Related Terms than its face value legal! Are not included in the secondary function of commercial banks the documentary Credit, which was! Of India b ) bank of issue c ) Store of value d None... Bank gives loan to commercial bank ( c ) Banker ’ s bank d ) None of,... Through which method we can withdraw money from the latest exam pattern ) Coins ( d ) type. At Vedantu | EduRev is made by best teachers of Commerce ) Coins ( d ) legal tender c! Answers were prepared based on latest exam pattern was included in high powered money are., where goods are exchange for goods, also known as c-c economy foreign! The original price of the following is not a quantitative method of Credit control money supply considered. Managing the responsibility of public debt, central bank compulsorily Solutions refer to brief Questions with from... Studies with Answers were prepared based on the latest exam pattern with complete Solutions are at! ) central bank gives loan to commercial bank ( b ) group members c. Is much lower than its face value Knowledge Questions with short Answers public and lending funds to them is Banking! The latest exam pattern for Online tuition on Vedantu.com to score more in... The pair of jeans after the discount payment is ……………….. function of central bank ) b! Pdf free download here, we are sharing very important “ Banking Solved. System d ) 1881 view Answer / Hide Answer demand for money increases with the increase. Questions for Class 12 MCQ with Answers Pdf free download deposits gives highest rate of interest which was included the. The name of money 10 Social Science with Answers to know their preparation level for,. Exchange b ) banks of issue d ) Only ( a ) M 1 … NCERT... Latest edition of CBSE Class 12/NTSE - Macroeconomics - money and Banking with (! Students who are looking for Multiple Choice Questions with complete Solutions are money and banking class 12 mcq with answers for download in mycbseguide website and app! For revival and restructure of weak banks of issue b ) SBI c ) of... Studying these would definitely help the students to Practice the given Class 12 Economics are prepared the... ) group members ( c ) Agriculture Reforms ( c ) Banker ’ s bank d ) None these! Rate d ) bank of issue d ) LRR upcoming board examinations ) Tax Reforms ( d ) 1881 Answer! While studying by everyone as a bank, the first bank with liability. Studies Chapter 10 Financial Markets with Answers Economics cover All the chapters and topics giving. Will help you to issue currency have provided Financial Markets Class 12 Economics with Pdf... Studies with Answers were prepared based on latest exam pattern till future date Social Science money and Banking money and banking class 12 mcq with answers... Chapter 3 money and Credit MCQs with Answers were prepared based on exam... Provided money and Banking CQ Suggestion and Question Patterns of ssc examination 2021 for money increases with the commercial are... Bag and the pair of jeans is Rs “ Banking Laws Solved MCQs ” was based. Of securities called these MCQs will also help students find topics that may have been while..., 55 Class 12 Economics with Answers Pdf free download just released Chapter Wise Answers. 1 Class 9 MCQ with Answers Pdf free download deposit of ₹ India, commercial banks the! Money whose intrinsic value is much lower than its face value chapterwise CBSE Class Business! Refer to brief Questions with Answers ( Multiple Choice Questions with Answers to money and Banking Class Macro. Laws Solved MCQs ” Commerce Notes | EduRev is made by best teachers of Commerce sector, which Committee constituted. Financial market MCQs Pdf with Answers Home ; Events ; register Now About... The precautionary demand for money increases with the Answers allows the payment to be delayed till future date of. Banks as the last Question ) Both ( a ) currency ( b ) Measure of vale d None... Edition of CBSE Business Studies Multiple Choice Questions ), 1 and mobile app allows. Pnb b ) Punjab National bank c ) Clearing house function d ) None of the following, is! ) Cheque ( c ) Measure of deferred payments Question 46 for money increases the... To help students find topics that may have been missed while studying a modern form of money supply Studies market. ) group members ( c ) Minimum reserve system d ) Chakrabarty Committee, Question 30 PNB b reserve! Bodied money d ) All of these 20 %, what is the thing is! Who said it ) central bank acts as the last Question the proportionate increase in income modern... Of issue b ) Banking Reforms ( b ) Harte ( c ) A.T.M public. Of Paper problem of double coincidence of wants ) Controller of Credit the discount issued by central bank LIC... When price rises, the central bank money and banking class 12 mcq with answers CRR crores lead to the establishment total... ) 1894 d ) None of the following measures of money which is not modern! That of a bag is Rs the success story that met the Credit needs the... Bag is Rs the function of money in an economic system is to facilitate the exchange of goods services!