EASY
UPSC CAPF AC Paper - I
IMPORTANT
Earn 100
With reference to Fiat Money, consider the following statements
1. It is the money declared by a government to be legal tender.
2. It is the money without intrinsic value.
3. It is the state-issued money which is neither legally convertible to any other thing, nor fixed in value in terms of any objective standard. Which of the statements given above is/are correct?
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Important Questions on Indian Economy
EASY
UPSC CAPF AC Paper - I
IMPORTANT
1. New Broad Money (NM)
2. New Narrow Money
3. All Deposits with the Post Office Savings Banks
4. National Savings Certificates
Which of the components given above are correct included in the Liquidity Aggregates (L1) in the Indian Economy?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
1. Liquidity Adjustment Facility operations help the RBI effectively transmit interest rate signals to the market.
2. Under the repo or repurchase option, banks borrow money from the RBI via the sale of securities with an agreement to purchase the securities back at a fixed rate at a future date.
Which of the statements given above is/are correct?
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UPSC CAPF AC Paper - I
IMPORTANT
MEDIUM
UPSC CAPF AC Paper - I
IMPORTANT
1. Buying and selling of the eligible securities by Reserve Bank of India is an important feature of the open market operation.
2. Open market operation influences the volume of loans and advances made by the commercial banks in India.
Which of the statements given above is/are correct?
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UPSC CAPF AC Paper - I
IMPORTANT
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UPSC CAPF AC Paper - I
IMPORTANT
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
