EASY
UPSC CAPF AC Paper - I
IMPORTANT
Earn 100

Which one among the following is correct about the money whose value comes from a commodity out of which it is made?
(a)Fiat money
(b)Commodity money
(c)Near money
(d)Electronic money

50% studentsanswered this correctly

Important Questions on Indian Economy
EASY
UPSC CAPF AC Paper - I
IMPORTANT

EASY
UPSC CAPF AC Paper - I
IMPORTANT
1. Repo Rate
2. Cash Reserve Requirement
3. Reverse Repo Rate
Which of the measures given above is/are major instrument(s) used in the Liquidity Adjustment Facility (LAF)?

EASY
UPSC CAPF AC Paper - I
IMPORTANT
1. Reserve requirement can be used as an instrument of monetary policy.
2. Required reserve ratio is used as a tool to influence the country's borrowing and interest rates.
Which of the statements given above is/are correct?

EASY
UPSC CAPF AC Paper - I
IMPORTANT
Which of the following is/are example (s) of 'Near Money'?
1. Treasury Bill
2. Credit Card
3. Saving accounts and small-time deposits
4. Retail money market mutual funds
Select the correct answer using the code given below:

EASY
UPSC CAPF AC Paper - I
IMPORTANT
Convertibility of rupee implies _____.

EASY
UPSC CAPF AC Paper - I
IMPORTANT

EASY
UPSC CAPF AC Paper - I
IMPORTANT

EASY
UPSC CAPF AC Paper - I
IMPORTANT
1. Cash Reserve Ratio
2. Statutory Liquidity Ratio
3. Margin requirements
4. Moral suasion
Choose the correct answer using the codes given below
