The RBI Headquarters is located at

(a)

Delhi

(b)

Chennai

(c)

Mumbai

(d)

Bengaluru

Money is _____.

(a)

acceptable only when it has intrinsic value

(b)

constant in purchasing power

(c)

the most liquid of all assets

(d)

needed for allocation of resources

Money supply means the total amount of money in_____

(a)

world

(b)

state

(c)

country

(d)

economy

In India, currency notes are issued by the_______

(a)

State Bank

(b)

RBI

(c)

World Bank

(d)

SBI

The symbol of India rupee came into use on________

(a)

15th July, 2010

(b)

16th July, 2010

(c)

15th June, 2010

(d)

16th June, 2010

Medium of exchange

(1)

Functions of money

Goods exchange for goods

(2)

Currency and coins

Money supply

(3)

M₁,M₂,M₃ & M₄

Cash Reserve Ratio

(4)

CRR

M₁

(5)

Barter system