This quiz works best with JavaScript enabled. Home > Indian Economy > Basics > Currency And Inflation – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Currency And Inflation Quiz 6 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. As per FSR the acceleration in credit growth, is most likely to ..... risk weighted assets: A) Reduce. B) Grow. C) Have no impact on. D) None of the above. Show Answer Correct Answer: B) Grow. 2. Under the Constitution, the power to raise and disburse public funds: A) Has been vested in Union Government. B) Has been divided between the Union and State Governments. C) Has been given to the Finance Commission. D) Has not been given to anyone. Show Answer Correct Answer: B) Has been divided between the Union and State Governments. 3. ..... inflation is regarded as safe and essential for Economic Growth. A) Running. B) Creeping. C) Hyper. D) Walking. Show Answer Correct Answer: B) Creeping. 4. An essential attribute of inflation is: A) Fall in production. B) Increase in prices. C) Absence of black market. D) Presence of black market. Show Answer Correct Answer: B) Increase in prices. 5. The FSR highlights that the share of fixed assets in total assets remained subdued and at the level observed during H2:2021-22. This most likely indicates that: A) New Private investment has picked up. B) New Private investment is yet to pickup. C) Households debt has increased. D) Private debt has increased. Show Answer Correct Answer: B) New Private investment is yet to pickup. 6. Which of the following does not come under modern forms of money? A) Currency. B) Cheque Payments. C) Demand deposits. D) Loan Payments. Show Answer Correct Answer: D) Loan Payments. 7. Who among the following is most benefitted from inflation? [IAS 1989] A) Government pensioners. B) Creditors. C) Savings Bank Account holders. D) Debtors. Show Answer Correct Answer: D) Debtors. 8. When was decimal coinage introduced in India? [CDS 2005] A) 1947. B) 1950. C) 1957. D) 1960. Show Answer Correct Answer: C) 1957. 9. As per the FSR lending by private sector banks (PVBs), continued to ..... that of PSB counterparts A) Outpace. B) Trail. C) Match. D) None of the above. Show Answer Correct Answer: A) Outpace. 10. A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as: A) Inflation. B) Hyper-inflation. C) Deflation. D) Disinflation. Show Answer Correct Answer: B) Hyper-inflation. 11. ..... consist of Food Items of daily individual consumption. A) CPI. B) WPI. C) GDP. D) Food Basket. Show Answer Correct Answer: D) Food Basket. 12. Which of the following is considered to be more secure instrument? A) Cheque. B) Draft. C) Commercial Paper. D) Hundi. Show Answer Correct Answer: B) Draft. 13. Which of the following prints currency notes of the denomination of Rs. 100? A) The Bank Note Press, Dewas. B) The Indian Security Press, Nasik Road. C) The Security Printing Press, Hyderabad. D) All of the above. Show Answer Correct Answer: A) The Bank Note Press, Dewas. 14. As per the FSR Indian equity market valuations are relatively: A) Low. B) High. C) Stagnant. D) Ready to go high. Show Answer Correct Answer: B) High. 15. Organization which supervises the credit activities of lenders in the informal sector? A) No organisation. B) Reserve bank of India. C) State government. D) Central government. Show Answer Correct Answer: A) No organisation. 16. In options, risk reversal means: A) A measure of the difference between the implied volatilities of out-of-the money call and put options. B) A measure of the summation between the implied volatilities of out-of-the money call and put options. C) Volatility. D) Time decay. Show Answer Correct Answer: A) A measure of the difference between the implied volatilities of out-of-the money call and put options. 17. When a person wants to sell exactly what the other person wants to buy. This situation is known as A) Barter System. B) Double coincidence of wants. C) Trading. D) None of these. Show Answer Correct Answer: B) Double coincidence of wants. 18. As per the FSR the moderation in external demand has pulled merchandise exports into: A) Expansion. B) Contraction. C) Flat. D) None of the above. Show Answer Correct Answer: B) Contraction. 19. Broad money in India is : A) $M_1$. B) $M_2$. C) $M_3$. D) $M_4$. Show Answer Correct Answer: C) $M_3$. 20. The highest denomination of currency notes in circulation as legal tender in India is at present: A) Rs. 50. B) Rs.100. C) Rs. 500. D) Rs.1000. Show Answer Correct Answer: D) Rs.1000. ← PreviousNext →Related QuizzesIndian Economy QuizzesCurrency And Inflation Quiz 1Currency And Inflation Quiz 2Currency And Inflation Quiz 3Currency And Inflation Quiz 4Currency And Inflation Quiz 5Currency And Inflation Quiz 7Currency And Inflation Quiz 8Lifelines Of Indian Economy QuizSectors Of The Indian Economy Quiz 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books