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Money and Banking Class 12 MCQ PDF Download

Free Money and Banking Class 12 MCQ PDF Download. You can also download chapter-wise Class 12 MCQ for all subjects in free pdf.<br><br>https://cbsencertsolutions.com/mcqs-class-12-economics-chapter-9-money-and-banking/

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Money and Banking Class 12 MCQ PDF Download

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  1. Money and Banking Class 12 MCQ PDF Download Get Money and Banking Class 12 MCQ in PDF. Students can easily prepare by solving these MCQ Questions for Class 12 Physics. Each question has 4 options followed by the correct answer. You can also take a free test of these Footprints without feet MCQs. Money and Banking Class 12 MCQ Q1. Supply of money refers to quantity of money – (a) As on 31st March (b) During any specified period of time (c) As on any point of time (d) During a fiscal year Q2. Money supply includes _ (a) All deposits in bank (b) Only demand deposits in banks (c) Only time deposits in banks (d) Currency with the banks

  2. Q3. Who regulates money supply in India? (a) Government of India (b) Reserve Bank of India (c) Planning Commission (d) NITI Aayog Q4. __ is the main source of money supply in an economy. (a) Central Bank (b) Commercial Banks (c) Government (d) Both a and b Q5. _ is the primary function of money. (a) transfer of value (b) medium of exchange (c) standard of deferred payment (d) store of value

  3. Q6. The creation of __ is called credit creation. (a) time deposits (b) primary deposits (c) secondary deposits (d) none of these Q7. Limitation of barter system of exchange (a) lack of unit of value (b) lack of store of value (c) lack of standard of deferred payments (d) all of these Q8. High powered money includes – (a) currency and demand deposits (b) demand deposits and saving deposits (c) currency held by public and cash reserves with banks (d) none of these

  4. Q9. Money supply is a __ concept. (a) Flow (b) Stock (c) Variable (d) All of these Q10. _ are called legal tenders. (a) demand deposits (b) time deposits (c) inter-bank deposits (d) currency notes and coins All the MCQ Questions for Class 12 Economics available here. If You are finding MCQ Questions for another grade then, don’t worry We have also MCQ Questions for all classes within chapter wise on cbsencertSolutions.com. We hope this will help you to score good marks in your exam.

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