Money and Banking MCQ
Check the below NCERT MCQ Questions for Money and Banking MCQ with Answers Pdf free download. MCQ Questions for with Answers were prepared based on the latest exam pattern. We have provided Money and Banking MCQs Questions with s to help students understand the concept very well.
Money and Banking MCQs Questions with Answers
Match the following:
Question 1.
| ‘A’ | ‘B’ |
| 1. Primary function of money | (a) Paper money |
| 2. Indian Rupee is | (b) Bad master |
| 3. An institution which deals with money | (c) Measure of value |
| 4. RBI established on | (d) Bank |
| 5. Money is a good servant but | (e) 1 April 1935. |
Answer:
| ‘A’ | ‘B’ |
| 1. Primary function of money | (c) Measure of value |
| 2. Indian Rupee is | (a) Paper money |
| 3. An institution which deals with money | (d) Bank |
| 4. RBI established on | (e) 1 April 1935. |
| 5. Money is a good servant but | (b) Bad master |
Question 2.
| Column-I | Column-II |
| 1. Fiat money | (A) Reserve Bank of India |
| 2. Legal tender | (B) Banking through electronic media |
| 3. Apex bank of India | (C) Must be accepted as a medium of exchange |
| 4. Central bank in India | (D) Statutory Liquidity Ratio |
| 5. E-banking | (E) Circulated with the order of government |
| 6. SLR | (F) Cash Reserve Ratio |
| 7. CRR | (G) Issuing notes |
| 8. Bank rate | (H) The central bank of India |
| 9. Function of commercial bank | (I) Determined by the central bank |
| 10. Function of the central bank | (J) Accepting deposits |
Answer:
| Column-I | Column-II |
| 1. Fiat money | (E) Circulated with the order of government |
| 2. Legal tender | (C) Must be accepted as a medium of exchange |
| 3. Apex bank of India | (H) The central bank of India |
| 4. Central bank in India | (A) Reserve Bank of India |
| 5. E-banking | (B) Banking through electronic media |
| 6. SLR | (D) Statutory Liquidity Ratio |
| 7. CRR | (F) Cash Reserve Ratio |
| 8. Bank rate | (I) Determined by the central bank |
| 9. Function of commercial bank | (J) Accepting deposits |
| 10. Function of the central bank | (G) Issuing notes |
Also Read
Globalisation And The Indian Economy Question MCQ [ Best 70+ ]
[ Best 100+ ] Business Environment MCQs
Fiscal Policy || Questions and Answers || [ Best 20+ ] MCQs on Fiscal Policy
Join Our Telegram Channel For more updates
