Which one is included in the secondary function of money?
  • To make Deferred Payments
  • Store of Value
  • Transfer of Value
  • All of these
“Money is a pivot around which the whole economy clusters.” Who said it?
  • Keynes
  • Robertson
  • Marshall
  • Hawtrey
The function of money is:
  • Medium of Exchange
  • Measure of Value
  • Store of Value
  • All the above
The functions of money include:
  • Value determination
  • Store of value
  • Means of exchange
  • All of these
Money is a matter which is:
  • a measure of value
  • accepted as a means of exchange
  • used to store wealth
  • All of these
By supply of money we mean :
  • Money deposited in the bank
  • Money available with the public
  • Deposits with post office savings bank
  • All of these
Which of the following is not a function of money?
  • Medium of exchange
  • Price stability
  • Store of value
  • Unit of account
Which one is the Bank of the Public?
  • Commercial Bank
  • Central Bank
  • Both (a) and (b)
  • None of the above
The primary function of Commercial Bank is?
  • Accepting Deposits
  • Advancing Loans
  • Credit Creation
  • All of these
Deposits accepted by the Commercial Banks:
  • Current Deposits
  • Saving Deposits
  • Time Deposits
  • All of these
What type of loan is advanced by Commercial Banks?
  • Cash Credit
  • Overdraft
  • Loan and Advance
  • All of these
Which function is the Secondary Function of Commercial Banks?
  • Agency Function
  • General Utility Function
  • Social Function
  • All of these
Which is the Agency Function of Commercial Banks?
  • Advancing Loans
  • Accepting Deposits
  • Act as Trustee
  • Locker Facility
Credit money is increased when CRR:
  • Falls
  • Rises
  • Both (a) and (b)
  • None of these
The full form of ATM is:
  • Any Time Money
  • All Time Money
  • Automated Teller Machine
  • Both (a) and (b)
The main function of a commercial bank is:
  • Credit control
  • Loaning to other banks
  • Accept deposits from customers
  • All the above
What is the Central Bank of India?
  • Commercial Bank
  • Central Bank
  • Private Bank
  • None of these
Commercial banks:
  • Issue currency notes
  • Accepts deposits from customers
  • Provide loans to customers
  • Only (b) and (c)
What is true for the Central Bank?
  • Apex Bank of the Country
  • Ownership of the Government
  • Regulates the entire banking system in the country
  • All the above
Central Bank of India is:
  • Reserve Bank of India
  • State Bank of India
  • Central Bank of India
  • Bank of India
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