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Class 12 Economics
Money And Banking
Quiz 4
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Who is the custodian of the Indian Banking system?
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Reserve Bank of India
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State Bank of India
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Unit Trust of India
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LIC of India
Explanation
Reserve Bank of India
Banking Sector Reforms in India began in:
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1969
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1981
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1991
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2001
Explanation
1991
14 big scheduled commercial banks in India were nationalised in:
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1949
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1955
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1969
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2000
Explanation
1969
Which is associated with reforms in the banking sector?
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Year 1991
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Narsimham Committee
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Y.V. Reddy Committee
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Only (a) and (b)
Explanation
Only (a) and (b)
“Money is what money does”. Who said this:
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Hartley Withers
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Harte
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Prof. Thomas
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Keynes
Explanation
Hartley Withers
The meaning of money supply is:
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Money deposits in the bank
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Cash available with public
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Savings in the post office
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All of the above
Explanation
All of the above.
What is the Central Bank of India:
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Commercial Banks
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Central Bank
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Private Bank
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None of these
Explanation
Commercial Banks
Who is the guardian of the Indian Banking System:
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Reserve Bank of India
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State Bank of India
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Unit Trust of India
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Life Insurance Company of India.
Explanation
Reserve Bank of India
Narasimham Committee is related to what:
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Improvement in Taxation
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Improvement in Banking
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Improvement in Agriculture
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Improvement in Infrastructure
Explanation
Improvement in Banking
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