Daily MCQ Quiz

Test your knowledge with our daily updated questions.

General Knowledge MCQs

Quiz #68971
The existence of a parallel economy or Black money?
A Makes the economy more competitive
B Makes the monetary policies less effective
C Ensures a better distribution of income and wealth
D Ensures increasing productive investment
Discuss
Quiz #68970
During period of inflation, rates should?
A Increase
B Decrease
C Remain constant
D Fluctuate
Discuss
Quiz #68969
The RBI issues currency notes under the?
A Fixed Fiduciary system
B Maximum Fiduciary system
C Minimum Reserve system
D Proportional Reserve system
Discuss
Quiz #68968
Who has the sole right to issue paper currency in India?
A The Government of India
B The Finance Commission
C The Central Bank of India
D The Reserve Bank of India
Discuss
Quiz #68967
Which of the following statement is correct?
A Good money drives bad money out of circulation
B Bad money drives good money out of circulation
C Good and bad money cannot circulate together
D Cannot say
Discuss
Quiz #68966
The present Indian monetary system is based on?
A Gold Reserve System
B Proportional Reserve System
C Convertible currency system
D Minimum Reserve system
Discuss
Quiz #68965
The currency of Thailand is?
A Bhat
B Rupiah
C Yuan
D Yen
Discuss
Quiz #68964
Devaluation of currency leads to?
A Expansion of export trade
B Contraction of import trade
C Expansion of import substitution
D All of the above
Discuss
Quiz #68962
Long term funds in the capital market can be raised either by borrowing from certain institutions or through?
A Issue of note
B Taking loan from Government
C Issue of securities
D Taking loan from foreign institutions
Discuss