MONEY- BANKING IMPORTANT QUESTIONS CLASS 12

MONEY AND BANKING IMPORTANT QUESTIONS 

FILL IN THE BLANKS

1. Economic exchanges without the use of money are referred to as_______________.
2. ___________ is only institution which can issue currency in India.
3. ___________ Issues coins in India.
4. The principal motive for holding money is to carry out______________.
5. M1 and M2 are known as ____________________.
6. A high value of CRR or SLR_____________ the value of reserve deposit ratio, thus_________ the value of the money multiplier and money supply in the economy in a similar fashion.
7. A __________ bank rate encourages banks to keep smaller proportion of their deposits as reserves, since borrowing from RBI is now less costly than before.
8. Money is the commonly accepted_________________.
9. In a modern economy, money comprises ____________and_____________.
10. This currency issued by the central bank can be held by the public or by the commercial banks, and is called the ___________ or _______________.
11. This role of RBI, that of being ready to lend to banks at all times is another important function of the central bank, and due to this central bank is said to be____________.
12. The tools used by the Central bank to control money supply can be _____________ or ____________________.