Money & Banking – Test 4

Fisher’s Transaction Approach can explain the causes of ________ that occurs during war or emergence.

Short coming of Fisher’s Transaction Approach has been modified by the-

The Cash-Balance Approach to the Quantity Theory of Money may be expressed as :-

A central bank is an apex institution of a country’s

The purpose of central banks is-

A central bank is guided by profit motive

Central banks came into existence in the early _____ through official legislation.

________ is the Central Bank of India

_______ is the Central Bank of for USA

Which of the following is the Central Bank of Europe?

Which of the following is the Central Bank for China.

RBI the central bank of our country came into existence in –

Leading function of Central Bank-

Leading function of Central Bank-

Leading function of Central Bank-

_______exercise a monopoly over issuing bank notes in the economy.

The main advantage(s) of granting the monopoly right of not issue banks is/are

Which one is known as “the lender of last resort”?

In which of the capacities the central bank acts as the banker’s bank?

The Central Bank of the country also acts as a banker to the government which normally involves:-

The RBI was established with fully paid up share capital of-

The RBI was established on the basis of the recommendation of the –

When the RBI was established the Government held shares of nominal value of –

The RBI was nationalized on-

The head office of the central bank is in –