Question types

BANKING AND MONETARY POLICY question types

275 questions across 5 question groups — pick any mix to generate a Economics paper with step-by-step answer keys.

275
Questions
5
Question groups
5
Question types
Sample Questions

BANKING AND MONETARY POLICY questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 1MCQ1 Mark
What is the rate at which $RBI$ borrows funds for very short term from the commercial banks is called ?
  • A
    Repo Rate
  • B
    Bank Rate
  • Reserve Repo Rate
  • D
    Open market rate

Answer: C.

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Q 2MCQ1 Mark
What is a central bank ?
  • A
    A private bank
  • An apex bank
  • C
    A cooperative bank
  • D
    A foreign bank

Answer: B.

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Q 3MCQ1 Mark
Short term lending in theoretical sense is for what period ?
  • Upto $1$ Year
  • B
    $1$ to $3$ Year
  • C
    $1$ to $5$ Year
  • D
    $5$ to $15$ Year

Answer: A.

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Q 4MCQ1 Mark
How many major types of deposits exist in the banks in India ?
  • A
    $2$
  • B
    $6$
  • C
    $10$
  • $3$

Answer: D.

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Q 5MCQ1 Mark
What is the meaning of the word “Bank” ?
  • A
    Money Supply
  • Stock of Money
  • C
    Investment
  • D
    Commerce

Answer: B.

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