Public Finance-Online Practice Exam 12
Public Finance-Online Practice Exam 12

Public Finance-Online Practice Exam 12

NET / SET Online Practice Exams

Public Finance

Test

Multi-choice 12

Question

1. Cash reserve ratio is determined by

Answers

Demand and Supply

Commercial Banks

Public

RBI

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Question

2. Which of the following qualities of money is essential before it can perform any of its function ?

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Durability

Stability in value

Legal sanction

Acceptability

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Question

3. Credit policy is formulated by

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Central government

RBI

Finance minister

Public

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Question

4. Monetary policy is formulated by

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Finance Ministry

Government

SEBI

RBI

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Question

5. Margin money is a part of

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Credit policy

Income policy

Price policy

Monetary policy

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Question

6. Open market operation is a part of

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Monetary policy

Income policy

Price policy

Credit policy

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Question

7. If currency/deposit decreases, then Bank Credit

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Increases

Decreases

Remains Constant

None of the above

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Question

8. Permission to set up a new bank is given by

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RBI

SEBI

BFIR

High Court

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Question

9. Which bank was called imperial bank ?

Answers

State Bank of India

Bank of India

Punjab National Bank

Vijaya Bank

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Question

10. Long term loan is given by

Answers

Industrial Development Bank of India

State Bank of India

Bank of India

Indian Bank

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