Notes Public Finance-Online Practice Exam 12 December 31, 2023 April 19, 2024 NET / SET Online Practice Exams Public Finance Test Multi-choice 12 Question 1. Cash reserve ratio is determined by Answers Option 1 Demand and Supply Option 2 Commercial Banks Option 3 Public Option 4 RBI Feedback Wrong choice Incorrect option Wrong choice Correct selection Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 2. Which of the following qualities of money is essential before it can perform any of its function ? Answers Option 1 Durability Option 2 Stability in value Option 3 Legal sanction Option 4 Acceptability Feedback Wrong choice Incorrect option Correct selection Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 3. Credit policy is formulated by Answers Option 1 Central government Option 2 RBI Option 3 Finance minister Option 4 Public Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Monetary policy is formulated by Answers Option 1 Finance Ministry Option 2 Government Option 3 SEBI Option 4 RBI Feedback Wrong choice Incorrect option Wrong choice Correct selection Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. Margin money is a part of Answers Option 1 Credit policy Option 2 Income policy Option 3 Price policy Option 4 Monetary policy Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. Open market operation is a part of Answers Option 1 Monetary policy Option 2 Income policy Option 3 Price policy Option 4 Credit policy Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. If currency/deposit decreases, then Bank Credit Answers Option 1 Increases Option 2 Decreases Option 3 Remains Constant Option 4 None of the above Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Permission to set up a new bank is given by Answers Option 1 RBI Option 2 SEBI Option 3 BFIR Option 4 High Court Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. Which bank was called imperial bank ? Answers Option 1 State Bank of India Option 2 Bank of India Option 3 Punjab National Bank Option 4 Vijaya Bank Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. Long term loan is given by Answers Option 1 Industrial Development Bank of India Option 2 State Bank of India Option 3 Bank of India Option 4 Indian Bank Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Prepared by www.myeconomics.in << Prev Next >> "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook Twitter
Multi-choice 12 Question 1. Cash reserve ratio is determined by Answers Option 1 Demand and Supply Option 2 Commercial Banks Option 3 Public Option 4 RBI Feedback Wrong choice Incorrect option Wrong choice Correct selection Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 2. Which of the following qualities of money is essential before it can perform any of its function ? Answers Option 1 Durability Option 2 Stability in value Option 3 Legal sanction Option 4 Acceptability Feedback Wrong choice Incorrect option Correct selection Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 3. Credit policy is formulated by Answers Option 1 Central government Option 2 RBI Option 3 Finance minister Option 4 Public Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Monetary policy is formulated by Answers Option 1 Finance Ministry Option 2 Government Option 3 SEBI Option 4 RBI Feedback Wrong choice Incorrect option Wrong choice Correct selection Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. Margin money is a part of Answers Option 1 Credit policy Option 2 Income policy Option 3 Price policy Option 4 Monetary policy Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. Open market operation is a part of Answers Option 1 Monetary policy Option 2 Income policy Option 3 Price policy Option 4 Credit policy Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. If currency/deposit decreases, then Bank Credit Answers Option 1 Increases Option 2 Decreases Option 3 Remains Constant Option 4 None of the above Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Permission to set up a new bank is given by Answers Option 1 RBI Option 2 SEBI Option 3 BFIR Option 4 High Court Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. Which bank was called imperial bank ? Answers Option 1 State Bank of India Option 2 Bank of India Option 3 Punjab National Bank Option 4 Vijaya Bank Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. Long term loan is given by Answers Option 1 Industrial Development Bank of India Option 2 State Bank of India Option 3 Bank of India Option 4 Indian Bank Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback)
Multi-choice 12 Question 1. Cash reserve ratio is determined by Answers Option 1 Demand and Supply Option 2 Commercial Banks Option 3 Public Option 4 RBI Feedback Wrong choice Incorrect option Wrong choice Correct selection Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 2. Which of the following qualities of money is essential before it can perform any of its function ? Answers Option 1 Durability Option 2 Stability in value Option 3 Legal sanction Option 4 Acceptability Feedback Wrong choice Incorrect option Correct selection Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 3. Credit policy is formulated by Answers Option 1 Central government Option 2 RBI Option 3 Finance minister Option 4 Public Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Monetary policy is formulated by Answers Option 1 Finance Ministry Option 2 Government Option 3 SEBI Option 4 RBI Feedback Wrong choice Incorrect option Wrong choice Correct selection Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. Margin money is a part of Answers Option 1 Credit policy Option 2 Income policy Option 3 Price policy Option 4 Monetary policy Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. Open market operation is a part of Answers Option 1 Monetary policy Option 2 Income policy Option 3 Price policy Option 4 Credit policy Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. If currency/deposit decreases, then Bank Credit Answers Option 1 Increases Option 2 Decreases Option 3 Remains Constant Option 4 None of the above Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Permission to set up a new bank is given by Answers Option 1 RBI Option 2 SEBI Option 3 BFIR Option 4 High Court Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. Which bank was called imperial bank ? Answers Option 1 State Bank of India Option 2 Bank of India Option 3 Punjab National Bank Option 4 Vijaya Bank Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. Long term loan is given by Answers Option 1 Industrial Development Bank of India Option 2 State Bank of India Option 3 Bank of India Option 4 Indian Bank Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback)
