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CBSE - Money & Credit
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Practice Question
Money & Credit
.
Money & Credit
The part of the total deposits which a bank keeps with itself in cash is
(1) zero
(2) a small proportion
(3) a big proportion
(4) 100 percent
Correct Answer: 2
.
Related Questions
Money & Credit
1
Banks do not give loans :
(1) to small farmers
(2) to marginal farmers
(3) to industries
(4) without proper collateral and documents
Correct Answer: 4
2
Which of the following is not a modern form of money?
(1) Paper notes
(2) Demand deposits
(3) Silver coins
(4) None of the above
Correct Answer: 3
3
Which one of the following is the main source of credit for the rich households?
(1) Informal
(2) Formal
(3) Both formal and informal
(4) Neither Formal nor informal
Correct Answer: 2
4
Currency is issued by:
(1) RBI on behalf of central government
(2) By president of India.
(3) By finance minister
(4) None of them
Correct Answer: 1
5
In a SHG most of the decisions regarding loan activities are taken by
(1) Banks
(2) Member
(3) Non-government organizations
(4) Cooperatives
Correct Answer: 2
