General Knowledge on Currency

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41. The term 'Smart Money ' refers to A. Foreign currency B. Internet Banking C. US dollers D. Travellers cheques Check Answer \| Discussion 42. The Indian rupee was made convertible into which of the following account since March, 1994? A. Capital Account B. Current Account C. Both'a' and 'b' D. Revenue Account Check Answer \| Discussion 43. Who among the following are not protected against inflation? A. Salaried class B. Pensioners C. industrial workers D. Agricultural farmers Check Answer \| Discussion 44. The situation with increasing unemployment and inflation is termed as A. hyper inflation B. galloping inflation C. stagflation D. reflation Check Answer \| Discussion 45. Foreign currency which has a tendency of quick migration is called A. hot currency B. gold currency C. soft currency D. hard currency Check Answer \| Discussion 46. A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as A. inflation B. hyper inflation C. deflation D. disinflation Check Answer \| Discussion 47. A currency whose exchange rate tends to fall because of persistent balance of payment deficit is known as A. soft currency B. hard currency C. sinking currency D. gold currency Check Answer \| Discussion 48. The Period of high inflation and low economic growth is termed as A. stagnation B. take off stage in economy C. stagflation D. None of the above Check Answer \| Discussion 49. Monetary Policy is regulated by A. money lenders B. central bank C. private entrepreneurs D. government policy Check Answer \| Discussion 50. The Silver coins issued by the Guptas were called A. rupaka B. rupaka C. dinara D. pana Check Answer \| Discussion
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General Knowledge on Currency

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