The RBI Headquarters is located at

(a)

Delhi

(b)

Chennai

(c)

Mumbai

(d)

Bengaluru

Inflation means

(a)

Prices are rising

(b)

Prices are falling

(c)

Value of money is increasing

(d)

Prices are remaining the same

___________inflation occurs when general prices of commodities increases due to increase in production costs such as wages and raw materials.

(a)

Cost-push

(b)

demand pull

(c)

running

(d)

galloping

Stagflation combines the rate of inflation with

(a)

Stagnation

(b)

employment

(c)

output

(d)

price

“Money can be anything that is generally acceptable as a means of exchange and that thesame time acts as a measure and a store of value”, This definition was given by

(a)

Crowther

(b)

A.C.Pigou

(c)

F.A.Walker

(d)

Francis Bacon

Define Money.

What is gold standard?

What is Stagflation?

Write a note on metallic money.

Write the types of inflation

Explain disinflation.

Illustrate Fisher’s Quantity theory of money.

Describe the phases of Trade cycle.