Q.31)-Green Banking means
  • Development of forestry by banks
  • Financing of environment friendly projects by banks
  • Financcing of irrigation proects by banks
  • None of the above
Q.32)-A Currency having a falling exchange rate due to contiuing balance of payments deficit is called a
  • Soft currency
  • Hard currency
  • Scarce Currency
  • Surplus currency
Q.33)-The demand for money, according to keynes is for
  • Speculative Motive
  • Transaction Motive
  • Precautionary Motive
  • All of the above
Q.34)-The rate of interest is determined by
  • The rate of refurn on the capital invested
  • Reserve Bank of India
  • Liquidity Preference
  • Commercila Banks
Q.35)-Cheap money means
  • Low rates of interest
  • Low level of saving
  • Low level of income
  • Low level of standard of living
Q.36)-Gold Bullion Standard' refers to
  • Gold coin as an unlimited legal tender
  • Gold as the measure of value
  • Free coinage of gold
  • No restriction on import and export of gold
Q.37)-Reserve Bank of India was nationalised in
  • 1948
  • 1947
  • 1949
  • 1950
Q.38)-Who is authorised to issue coins in India
  • Reserve bank of India
  • Ministry of Finance
  • State Bank of India
  • Indian overseas Bank
Q.39)-Which oen of the following is not a function of the central bakk in an economy
  • Dealing with foreign exchange
  • Controlling Monetary policy
  • Controlling government spending
  • Acting as a banker's bank
Q.40)-The existence of a parallel economy or black money
  • Makes the economy more competitive
  • Makes the monetary policies less effective
  • Ensures a better distribution of income and wealth
  • Ensure increasing productive investment