Class XII

Calculate the money multiplier if LRR is 5%%.
  1. 10.0
  2. 20.0
  3. 1.0
  4. 5.0
One of the functions of commercial l banks among the following is
  1. Advancing issues
  2. Advancing securities
  3. Advancing Loans
  4. Advancing foreign exchange
Open market operations is
  1. Buying and selling of currency by the central bank
  2. Buying and selling of foreign exchange by the central bank
  3. Buying and selling of securities by the commercial banks
  4. Buying and selling of securities by the central bank
One of the various quantitative instruments used by the central bank in during deflation is
  1. Fix CRR
  2. Raise CRR
  3. Remove CRR
  4. Reduce CRR
Money is a medium of
  1. Communication
  2. Speculation
  3. Exchange
  4. Barter
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