Smartindia Classroom
CONTENTS
Geography
Economics
Political Science
History
Statistics
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Question-1
Banks use the major portion of the deposit to
(A)
Keep reserve so that people may withdrawn
(B)
Meet their routine expenses
(C)
Extend loans
(D)
Meet renovations of the bank
Question-2
Minimum reserve system relates
(A)
Method of note issue
(B)
Commercial banks keep certain portion of their deposits with the RBI
(C)
Commercial banks should keep certain portions of their deposits in cash
(D)
Customers are compelled to keep certain minimum balance with their deposits
Question-3
Liquidity is the ___________ functions of money.
(A)
Primary
(B)
Main
(C)
Secondary
(D)
Contingent
Question-4
The Reserve Bank of India has been publishing data on ________ alternative measure of money supply.
(A)
Two
(B)
One
(C)
Three
(D)
Four
Question-5
The first bank in India was established in
(A)
1770
(B)
1806
(C)
1801
(D)
1782
Question-6
When two goods between two persons at a time are exchanged without the use of money , it is called
(A)
Credit
(B)
Loan
(C)
Barter system
(D)
Demand
Question-7
The essential feature of _______ is that the buyer and seller have to agree to sell or buy each others commodities.
(A)
Money
(B)
Demand
(C)
Deposit
(D)
Barter system
Question-8
The issue of currency is undertaken on behalf of state by the
(A)
State Bank of India
(B)
Reserve Bank of India
(C)
Canara Bank
(D)
Federal Bank
Question-9
Currency is issued in India by
(A)
Commercial Banks
(B)
Regional rural Banks
(C)
Nationalised Banks
(D)
Reserve Bank of India
Question-10
The 14 commercial banks were nationalized in the year
(A)
1969
(B)
1951
(C)
1949
(D)
1980
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Plus 1 Humanities
Tamil Nadu (English Medium)
Practice in Related Chapters
Economic Growth and Development
Population
Poverty and Unemployment
Economic Planning
Banking
Agriculture
Measures of Variability
Statistical Analysis and Measures of Central Pendency
Human Resource Development
Foreign Trade
Industrial Sector
National Income
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