Money and Banking MCQs Mock Test of Class 12th Economics

Welcome to your Money and Banking MCQs Mock Test of Class 12th Economics

1. 
Question 1. Which type of currency is issued by Central Bank?

2. 
Question 2. Which is the major objective of credit control?

3. 
Question 3. Which one is true?

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4. 
Question 4. Which of the following is the feature of money?

5. 
Question 5. In order to encourage investment in the economy, the Central Bank may ________

6. 
Question 6. Institution that accepts deposits for lending purpose is known as __________

7. 
Question 7. Which of the following is the function of a commercial bank?

8. 
Question 8. The central bank can increase the availability of credit by:

9. 
Question 9. Which type of currency is issued by Central Bank?

10. 
Question 10. Which is the major objective of credit control?

11. 
Question 11. Which one is true?

12. 
Question 12. Giving permission to withdraw money by an amount more than deposited to is known as _________

13. 
Question 13. What are the alternative measures of money supply in India?

14. 
Question 14. Who circulates all mint and one rupee not in India?

15. 
Question 15. What is the defect of the barter system?

16. 
Question 16. Which of the following is the credit money?

17. 
Question 17. Which among the following is the near money?

18. 
Question 18. Which of the following is the narrow measure of the money supply?

19. 
Question 19. When was the minimum reserve system started in India?

20. 
Question 20. Which is the most liquid measure of the money supply?

21. 
Question 21. High Powered Money includes:

22. 
Question 22. Who has the right of note issue?

23. 
Question 23. Which of the following is the function of a Central bank?

24. 
Question 24. The ratio of total deposits that a commercial bank has to keep with RBI is called:

25. 
Question 25. Demand deposits include

26. 
Question 26. What are the necessary conditions of the Barter System?

27. 
Question 27. What are the advantages of the Barter System?

28. 
Question 28. Which one is the difficulty of the Barter System?

29. 
Question 29. Which is the correct order of money evolution?

30. 
Question 30. “Money is what money does.” Who said it?

31. 
Question 31. Which one is included in the primary function of money?

32. 
Question 32. Which one is included in the secondary function of money?

33. 
Question 33. Indian Monetary System is based on ________

34. 
Question 34. Which of the following is the apex bank of India?

35. 
Question 35. “Money is a pivot around which the whole economy clusters.” Who said it?

36. 
Question 36. The function of money is:

37. 
Question 37. The functions of money include:

38. 
Question 38. Money is a matter which is:

39. 
Question 39. By supply of money we mean :

40. 
Question 40. Which of the following is not a function of money?

41. 
Question 41. Which one is the Bank of the Public?

42. 
Question 42. Which function is the Secondary Function of Commercial Banks?

43. 
Question 43. Which is the Agency Function of Commercial Banks?

44. 
Question 44. Credit Multiplier is:

45. 
Question 45. Credit money is increased when CRR:

46. 
Question 46. The full form of ATM is:

47. 
Question 47. The main function of a commercial bank is:

48. 
Question 48. What is the Central Bank of India?

49. 
Question 49. The primary function of Commercial Bank is?

50. 
Question 50. Deposits accepted by the Commercial Banks:

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