NCERT Mcqs Questions Class 12 Economics-II Chapter 3 With Easy PDF

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NCERT Mcqs Questions Class 12 Economics-II Chapter 3 With Easy PDF, NCERT MCQs Class 12 Economics Chapter 3 Objective, NCERT Mcqs Questions Class 12 Economics-II Chapter 3


NCERT Mcqs Questions Class 12 Economics-II Chapter 3 With Easy PDF


Class12th 
Chapter NameMoney and banking
Chapter numberChapter 3
Part B
BoardCBSE
Book NCERT
SubjectEconomics
Medium English
Study MaterialsMCQs
Download PDFClass 12 Economics-II Chapter 3 PDF
NCERT Mcqs Questions Class 12 Economics II Chapter 3 With Easy PDF

NCERT Mcqs Questions Class 12 Economics-II Chapter 3 With Easy PDF


1. What is the primary function of money– 

(a) medium of exchange

(b) store of value

(c) Distribution of national income

(d) Transfer of value

2.How many central banks are there in a country?

(a) 2 

(b) 4

(C) 1

(d) 5

3. Which number provides loans to the Central Bank?

(a) Commercial Bank

(b) private enterprise

(c) common man

(d) any bank

4. What happens in money supply by the issue of currency notes?

(a) there is a shortage.

(b) increases

(c) no differenceit occurs

(d) either decrease or increase

5. Whose job is of credit control?

(a) Government

(b) Central Bank

(c) Commercial Bank

(d) all of the above

6. The currency of India is– 

(a) fully embodied currency

(b) Representative figurative currency

(c) credit money

(d) none of these

(7) bIn which class can the currency of India be placed?– 

(a) irreversible

(b) fully convertible

(c) neither mutable nor immutable

(d) both convertible and irreversible

8. The Central Bank of India is-

(a) State Bank of India

(b) Reserve Bank of India 

(c) Ministry of Finance of India

(d) Allahabad Bank of India,

9. One rupee note in India is issued by-

(a) Reserve Bank of India

(b) Ministry of Finance of India

(c) Reserve Bank of India

(d) Ministry of Railways of India

10. Who mints India’s representative coins– 

(a) Finance Ministry of India

(b) Ministry of Home Affairs of India

(c) Reserve Bank of India

(d) Ministry of Railways of India

11. Who signs Indian Rupees other than one rupee notes?

(a) Finance Minister

(b) Prime Minister

(c) President of India

(d) Governor of Reserve Bank of India

12. Who issues notes other than one rupee note-

(a) Reserve Bank of India

(b) Indian Bank

(c) Ministry of Finance

(d) Prime Minister

13. The four stocks of money supply in increasing order are-

(a) M1, M2, M, в M.

(b) M, M,, M, व M. 

(c) both a and b

(d) neither a nor b

14. The commonly circulated money supply stock in India is-

(a) M1

(b) M2

(c) M3

(d) M4

15. The last credit provider in India is-

(a) State Bank of India

(b) Syndicate Bank

(c) Reserve Bank of India

(d) Ministry of Agriculture


Watch the video for more MCQs


CLASS 12 NCERT SOLUTION IN ENGLISHCLASS12 NCERT SOLUTION IN HINDI
Historyइतिहास
Geography भूगोल
Political science राजनीति विज्ञान
English SubjectResult
Hindi SubjectHistory answer keys
Sociology समाज शास्त्र


NOTES & QUESTIONS ANSWER



MCQS IN ENGLISH



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