Related Questions
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4
The sum of which of the following constitutes Broad Money in India? [IAS 1997]
1. Currency with the public
2. Demand deposits with banks
3. Time deposits with banks
4. Other deposits with RBI
Choose the correct answer using the codes given below:
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4
Deficit financing creates additional paper currency to fill the gap between expenditure and revenue. This device aims at economic development but if it fails, it generates : [IFS 1990]
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4
Inflation can be contained by:
C. reduction in public expenditure
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4
There are three major groups of commodities in the Wholesale Price Index. These are:
1. primary articles
2. fuel, power, light and lubricants
3. manufactured products
4. food articles and industrial raw materials
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4
Who among the following are not protected against inflation.? [Railways 1992]
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4
One-rupee currency notes bear the signature of:
A. Prime Minister of India
C. Finance Minister of India
D. Finance Secretary of India
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4
'Devaluation' means: [RRB 1992]
A. converting rupee into gold
B. lowering of the value of one currency in comparison of some foreign currency
C. making rupee dealer in comparison to some foreign currency
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4
Which of the following Mahatma Gandhi series of currency notes issued by the RBI has a drawing of the 'Parliament House' depicted on it? [SSC Graduate 2003]
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4
Which of the following mints undertakes refining of gold for licensed gold dealers and production of medals for defence services?
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4
Rupee was devalued by what percent in July 1991 ? [MP PCS 1990]
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4
A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as : [CDS 1999]
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4
Broad money in India is :
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4
Minimum inflation in post economic reform was in :
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4
The best means of saving during inflation is to keep:
D. time deposits with Banks
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4
Devaluation of currency by a country is meant to lead to :
1. expansion of import trade
2. promotion of import substitution
3. expansion of export trade
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4
The terms of economics, the recession occurring two times with a small gap in between is known as [Bank of India PO 2010]
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4
The Indian Rupee is fully convertible:
1. In respect of Current Account of Balance of Payments
2. In respect of Capital Account of Balance of Payments
3. Into Gold
Which of these statements is/are correct ?
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4
Among the causes of inflation can be listed:
1. slow growth in agricultural output
2. increasing non-development expenditure of Government
3. rapid population growth
4. rapid growth in costly imports
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4
Rising prices lead to all but one of the following:
A. promotion of inequalities
B. generation of black money
C. adverse effect on balance of payments
D. adverse effect on speculation
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4
Consider the following statement:
The price of any currency in international market is determined by the:
1. WTO
2. Demand for goods/services provided by the country concerned
3. Inflation differential between the country concerned and its major trading partners
4. Stability of the government of the concerned country
Of these statements:
A. 1, 2, 3, and 4 are correct
B. 1, 2 and 4 are correct
C. 1, 3 and 4 are correct
D. 2, 3 and 4 are correct
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4
Consider the following statements:
The price of any currency in international market is decided by the [IAS 1998]
1. World Bank
2. Demand for goods/services provided by the country concerned
3. stability of the government of the concerned country
4. economic potential of the country in question
Of these statements:
A. 1, 2, 3 and 4 are correct
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4
Which of the following Mahatma Gandhi series of currency notes issued by the RBI has ecology depicted on it? [SSC Graduate 2003]
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4
The Issue Department of the RBI maintains a _______ against printing of notes:
A. Minimum Reserve System
B. Proportional Reserve System
C. Proportional Gold Reserve System
D. Proportional Foreign Securities Reserve System
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4
Which of the following are definite implications of a fall in inflation?
1. Prices have fallen
2. Prices are increasing more slowly than before
3. Food supply has increased
4. There is industrial stagnation
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4
M3 includes:
B. M1 + post office saving deposit
C. M1 +- post office total deposit
D. M1 + national saving certificate
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4
For international payments, the Indian currency is linked to :
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4
When was decimal coinage introduced in India? [CDS 2005]
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4
A high rate of inflation tends to worsen balance of payments because:
A. prices of imported goods rise
B. prices of exported goods rise making exports less competitive
C. prices of imported goods fall and hence more is imported
D. prices of exported goods fall and hence less amount is obtained in terms of foreign exchange
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4
The cause of inflation is:
A. increase in money supply
C. increase in money supply and fall in production
D. decrease in money supply and fall in production
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4
M1 includes:
B. demand deposit with bank
C. other deposits with RBI