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Current Affairs January 2024

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Which of the following prints currency notes of the denomination of Rs. 100?

A. The Bank Note Press, Dewas

B. The Indian Security Press, Nasik Road

C. The Security Printing Press, Hyderabad

D. All of the above

Correct Answer :

A. The Bank Note Press, Dewas


Related Questions

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Who among the following is most benefitted from inflation? [IAS 1989]

A. Government pensioners

B. Creditors

C. Savings Bank Account holders

D. Debtors

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Consider the following statements about Wholesale Price Index (WPI) :
1. It captures the price movement extensively and is, therefore, taken as an indicator of inflation.
2. The office of the Economic adviser (OEA) is entrusted with the function of compilation and publication of the weekly wholesale price index number in India.
Which of the statements given above is/are correct? [CDS 2009]

A. I only

B. II only

C. Both I and II

D. Neither I nor II

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4

Monetary policy is regulated by:

A. money lenders

B. Central Bank

C. private entrepreneurs

D. Government policy

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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

B. 2 and 3 are correct

C. 3 and 4 are correct

D. 1 and 4 are correct

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The inflation experienced in the country at present is:

A. galloping inflation

B. secondary inflation

C. unrealistic inflation

D. cost-push inflation

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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]

A. demand-pull inflation

B. cost-push inflation

C. stagflation

D. structural inflation

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Inflation can be contained by:

A. surplus budget

B. increase in taxation

C. reduction in public expenditure

D. all the above

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The situation with increasing unemployment and inflation is termed as: [CPO AC 2003]

A. hyperinflation

B. galloping inflation

C. stagflation

D. reflation

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Which of the following accounts for Cost-Push Inflation?

A. Increase in money supply

B. Increase in indirect taxation

C. Increase in population

D. Increase in non-plan expenditure

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4

Under the Constitution, the power to raise and disburse public funds:

A. has been vested in Union Government

B. has been divided between the Union and State Governments

C. has been given to the Finance Commission

D. has not been given to anyone

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The best means of saving during inflation is to keep:

A. money

B. Government Bonds

C. equity

D. time deposits with Banks

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Which of the following is incorrect about convertibility?

A. The exchange rate should be determined by the forces of demand and supply of the currency

B. The exchange rate' would indicate the strength of the economy

C. It would discourage black market transactions

D. The RBI will be a direct player now rather than being an indirect one

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Which of the following groups suffer the most from inflation? [CPO SI 2003]

A. Debtors

B. Creditors

C. Business class

D. Holders of real assets

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Which of the following prints currency notes of the denomination of Rs. 100?

A. The Bank Note Press, Dewas

B. The Indian Security Press, Nasik Road

C. The Security Printing Press, Hyderabad

D. All of the above

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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

A. 1 only

B. 2 and 3

C. 1 and 2

D. 1 and 4

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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

Inflationary Gap is a situation characterized by:

A. excess of Aggregate Demand over Aggregate Supply at the full employment level

B. gap between Galloping Inflation and Runaway Inflation

C. Inflation coupled with recession

D. Inflation that usually prevails in a developing country

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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]

A. Rs. 500

B. Rs. 100

C. Rs. 50

D. Rs. 10

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4

Broad money in India is :

A. M1

B. M2

C. M3

D. M4

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M1 includes:

A. currency with public

B. demand deposit with bank

C. other deposits with RBI

D. all of the above

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Amongst the currency quotes USD/JPY, USD/Euro and USD/CAD, which one of the following is referred as the base currency for quotes? [Punjab & Sindh Bank 2011]

A. USD

B. JPY

C. Euro

D. None of these

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A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as:

A. inflation

B. hyper-inflation

C. deflation

D. disinflation

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Minimum inflation in post economic reform was in :

A. 1999-2000

B. 2000-2001

C. 2001-2002

D. 2002-2003

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Among the remedies of inflation we cannot include:

A. better capacity utilisation

B. lowering bank rate

C. reducing budgetary deficit

D. an efficient public distribution system

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Which of the following Mahatma Gandhi series of currency notes issued by the RBI has ecology depicted on it? [SSC Graduate 2003]

A. Rs. 500

B. Rs. 100

C. Rs. 50

D. Rs. 5

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When was decimal coinage introduced in India? [CDS 2005]

A. 1947

B. 1950

C. 1957

D. 1960

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Which of the following can be used for checking inflation temporarily?

A. Increase in wages

B. Decrease in money supply

C. Decrease in taxes

D. None of the above

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To meet the growing needs for coins in the country, where does the Government propose to set up another mint?

A. Nasik

B. Hoshangabad

C. Dewas

D. Noida

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The terms of economics, the recession occurring two times with a small gap in between is known as [Bank of India PO 2010]

A. Double Deflation

B. Deflation

C. Deep Recession

D. None of these

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Ten rupee notes bear the signature of:

A. President

B. Finance Minister

C. Secretary, Ministry of Finance

D. Governor, Reserve Bank of India