Home / Banking Awareness / Banking Awareness Quiz

Banking Awareness Quiz

NABARD Grade A & B Online Course Get Course Now
150+ RRB NTPC Previous Solved Papers PDF  Free Download Now
RBI Grade B Complete Online Course Register Today
RRB JE Free Study Material PDF Books Free Download Now
RRB NTPC Free Study Material PDF Free Download Now
All Exam Free Study Group (Free Videos,Pdf,Mock etc) Join Right Now

 

Print Friendly, PDF & Email

1) In which year does Reserve Bank of India introduced the concept of classification of money into M1, M2, M3 and so on?
A)1956
b)1961
c)1977
d)1998

2)Which one out of the following is also known as Reserve Money or High-Powered money or base money?
a)M0
b)M1
c)M2
d)M3

3)Which out of the following is the correct formula for calculating the Reserve money M0?
a)Currency with public + Demand deposits with the Banking system (current account, saving account) + Other deposits with RBI
b)Currency in Circulation + Bankers’ Deposits with RBI + Other deposits with RBI
c)M1 + Time deposits with the banking system
d)M1 + Savings deposits of post office savings banks

4)Which out of the following is the correct formula for calculating the Narrow money M1?
a)Currency with public + Demand deposits with the Banking system (current account, saving account) + Other deposits with RBI
b)Currency in Circulation + Bankers’ Deposits with RBI + Other deposits with RBI
c)M1 + Time deposits with the banking system
d)M1 + Savings deposits of post office savings banks

5)Which out of the following is the correct formula for calculating the Narrow money M2?
a)Currency with public + Demand deposits with the Banking system (current account, saving account) + Other deposits with RBI
b)M3 + All deposits with post office savings banks
c)M1 + Time deposits with the banking system
d)M1 + Savings deposits of post office savings banks

6)Which out of the following is the correct formula for calculating the Broad money M3?
a)Currency with public + Demand deposits with the Banking system (current account, saving account) + Other deposits with RBI
b)M3 + All deposits with post office savings banks
c)M1 + Time deposits with the banking system
d)M1 + Savings deposits of post office savings banks

7)Which among the following is/are known as Narrow Money?
a) M1
b) M2
c) M3
d) M4
Select the correct answer from following options:
a)Only a and b
b)Only b and c
c)Only c and d
d)All are correct

8)Which among the following is/are known as Broad Money?
a) M1
b) M2
c) M3
d) M4
Select the correct answer from following options:
a)Only a and b
b)Only b and c
c)Only c and d
d)All are correct

9)Which one out of the following is most liquid among the measures of money supply?
a)M1
b)M2
c)M3
d)M4

10)Which one out of the following is least liquid among the measures of money supply?
a)M1
b)M2
c)M3
d)M4

 

ANSWER:-

1)c)1977
2)a)M0
3)b)Currency in Circulation + Bankers’ Deposits with RBI + Other deposits with RBI
4)a)Currency with public + Demand deposits with the Banking system (current account, saving account) + Other deposits with RBI
5)d)M1 + Savings deposits of post office savings banks
6)c)M1 + Time deposits with the banking system
7)a)Only a and b
8)c)Only c and d
9)a)M1
10)d)M4

GovernmentAdda Recommends Ixambee Free Mock Tests
NABARD Grade A & B Free All India Mock Test Attempt Today
SBI PO Free All India Mock Test Attempt Now
RBI Grade B Free All India Mock Test Attempt Now
FCI Free Study Material PDF Books Free Download Now
SSC JE Free Study Material PDF Books Free Download Now
Download Quant Power Bank (1000+ Pages) Free Download Now
Reasoning & GI Booster -Power Bank Book (1200+ Pages) Free Download Now
Free Download English Power Bank Free PDF Free Download Now

About Burning Desire

Check Also

Banking Awareness : RBI structure & Function.

NABARD Grade A & B Online Course Get Course Now 150+ RRB NTPC Previous Solved …

error: