This quiz works best with JavaScript enabled. Home > Monetary > Currency > Currency And Inflation – Quiz 4 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Currency And Inflation Quiz 4 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. When was decimal coinage introduced in India? [CDS 2005] A) 1947. B) 1950. C) 1957. D) 1960. Show Answer Correct Answer: C) 1957. 2. 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. 3. 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. 4. 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. 5. 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. 6. 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. 7. 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. 8. 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. 9. Broad money in India is : A) $M_1$. B) $M_2$. C) $M_3$. D) $M_4$. Show Answer Correct Answer: C) $M_3$. 10. 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. 11. As per the latest released FSR if in an economy Banks have low market power then the entry of a CBDC that directly competes with bank deposits may result in: A) Lower deposit rates. B) Higher Deposit rates. C) No impact on deposit rates. D) Deposit rates will first decrease then increase. Show Answer Correct Answer: B) Higher Deposit rates. 12. Who among the following are not protected against inflation.? [Railways 1992] A) Salaried class. B) Industrial workers. C) Pensioners. D) Agricultural farmers. Show Answer Correct Answer: D) Agricultural farmers. 13. As per the FSR, on some days the overnight rates breached the repo rate, this was most likely due to: A) Day-to-day movements in government cash balances. B) Increase in system liquidity. C) Increase in funds available at banks. D) None of the above. Show Answer Correct Answer: A) Day-to-day movements in government cash balances. 14. As per the latest released FSR under India's G20 presidency, one of the priorities is to develop a framework for global regulation for cryptos. One of the possibility that the report talks about is: A) Prohibition, of unbacked crypto assets, stablecoins and DeFi. B) Limited use of unbacked crypto assets, stablecoins and DeFi. C) Adoption of unbacked crypto assets, stablecoins and DeFi. D) Bank adoption of unbacked crypto assets, stablecoins and DeFi. Show Answer Correct Answer: A) Prohibition, of unbacked crypto assets, stablecoins and DeFi. 15. The special paper required for printing of currency notes by the Security Presses In the country is manufactured at : A) Hyderabad. B) Kolkata. C) Hoshangabad. D) Dewas. Show Answer Correct Answer: C) Hoshangabad. 16. In the last one decade, which one among the following sectors has attracted the highest Foreign Direct Investment inflows into India? [IAS 2004] A) Chemicals other than fertilizers. B) Services sector. C) Food processing. D) Telecommunication. Show Answer Correct Answer: D) Telecommunication. 17. Rising rates mainly result in ..... for banks investment book. A) MTM gain. B) MTM loss. C) No impact. D) None of the above. Show Answer Correct Answer: B) MTM loss. 18. Which of the following Mahatma Gandhi series of currency notes issued by the RBI has "ecology" depicted on it? [SSC Graduate 2003] A) Rs. 500. B) Rs. 100. C) Rs. 50. D) Rs. 5. Show Answer Correct Answer: B) Rs. 100. 19. Which of the following is not a regulatory institution in Indian financial system? A) RBI. B) CIBIL. C) SEBI. D) IRDA. Show Answer Correct Answer: B) CIBIL. 20. Rising prices lead to all but one of the following: A) Promotion of inequalities. B) Generation of black money. C) Adverse effect on balance of payments. D) Adverse effect on speculation. Show Answer Correct Answer: D) Adverse effect on speculation. ← PreviousNext →Related QuizzesMonetary QuizzesCurrency And Inflation Quiz 1Currency And Inflation Quiz 2Currency And Inflation Quiz 3Currency And Inflation Quiz 5 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books