MONEY AND BANKING IMPORTANT QUESTIONS CLASS 12
EXERCISE
MONEY AND BANKING IMPORTANT QUESTIONS
1 mark questions
- Define : – Demand Deposits ; Money Money supply ; Bank rate ; Credit multiplier ; Cash reserve ratio ; Statutory liquidity ratio ; Margin requirement ; High powered money
- State two monetary measures of credit control by central bank.
- Is credit card a form of money? Why?
- When there is shortage of coins in circulation shopkeepers begin to make use of their own tokens in place of coins. Do these tokens a form of money?
- What is meant by moral suasion?