The RBI Headquarters is located at

(a)

Delhi

(b)

Chennai

(c)

Mumbai

(d)

Bengaluru

MV stands for

(a)

demand for money

(b)

supply of legal tender money

(c)

Supply of bank money

(d)

Total supply of money

___________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

When prices rise slowly, we call it

(a)

galloping inflation

(b)

mild inflation

(c)

hyper inflation

(d)

deflation

Liquid form of assets

(a)

Bills of payment

(b)

Gold

(c)

Money

(d)

Silver

Barter system

(1)

M₂ + Time deposits

Silver standard

(2)

M₁,M₂,M₃ & M₄

Medium of exchange

(3)

Curreny into fixed amount of silver

Money supply

(4)

Functions of money

M₃

(5)

Mesopotamia

Assertion: Inflation is a rise in general price level.
Reason: The purchasing power of currency is falling.
Codes:
(a) Both A and R is true and R is correct explanation to A
(b) Both A and R is true and R is not the correct explanation to A
(c) A is false but R is true.
(d) A is true but R is false

Assertion: Adopted by the Central Bank.
Reason: Fiscal policy is now recognized2as an important instrument to tackle an inflationary situation.
Codes:
(a) Both A and R is true and R is not the correct explanation to A
(b) Both A and R is true and R is the correct explanation to A
(c) A is true but R is false.
(d) A is false but R is true

Define Money.

What is commodity money?

What is plastic money? Give example.

What is Stagflation?

What is Narrow money?

Write a note on metallic money.

What are the determinants of money supply?

Write the types of inflation

Explain disinflation.

What are the four measures of Money Supply?

Explain the functions of money

Describe the phases of Trade cycle.