General Knowledge on Currency

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31. Which of the following can be used for checking inflation temporarily? A. Increase in wages B. Decrease in money supply C. Decrease in taxes D. None of the above Check Answer \| Discussion 32. 'Smart Money' is a term used for A. internet banking B. credit cards C. cash with public D. cash with bank Check Answer \| Discussion 33. Which of the following Mahatma Gandhi series of currency notes issued by the RBI has "ecology" depicted on it ? A. Rs. 500 B. Rs. 100 C. Rs. 50 D. Rs.5 Check Answer \| Discussion 34. The Currency Convertibility concept in its original form is originated in A. Taylors agreement B. Wells agreement C. Bretton Woods agreement D. Symmonds agreement Check Answer \| Discussion 35. The standard of living in a country is represented by its A. national income B. per capital income C. poverty ratio D. unemployment rate Check Answer \| Discussion 36. Which one of the following rates is not determined by the RBI ? A. CRR B. SCR C. Repo Rate D. Prime Lending Rate Check Answer \| Discussion 37. India nationalised 14 major commercial banks in 1969, with deposits not less than A. Rs 125 crores B. Rs 50 crores C. Rs 100 crores D. Rs 200 crores Check Answer \| Discussion 38. Interest payment is an item of A. revenue expenditure B. capital expenditure C. plan expenditure D. None of the above Check Answer \| Discussion 39. Who among the following is most benefitted from inflation? A. Government pensioners B. Creditors C. saving bank account - holders D. Debtors Check Answer \| Discussion 40. Which currency was anointed as one of the world's elite currencies in December 2015 by the International Monetary fund (IMF)? A. Yen B. Rupee C. Taka D. Renminbi Check Answer \| Discussion
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General Knowledge on Currency

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