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- 6. The most liquid of all assets is?
A.Currency
B.Wealth
C.monetize
D.Money
Answer & Explanation
Answer: Option D 
Money
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- 7. If reserve Bank of India raises the Cash Reserve Ration then?
A.The value of money multiplier decreases
B.The value of money decreases
C.The value of money
D.The value of multiplier decreases
Answer & Explanation
Answer: Option A
The value of money multiplier decreases
View Answer
- 8. Other things being equal, an increase in the supply of money?
A.Lowers nominal interest rate and raises aggregative demand
B.Lowers nominal interest rate and raises aggregate demand
C.Lowers nominal interest rate
D.raises aggregate demand
Answer & Explanation
Answer: Option B
Lowers nominal interest rate and raises aggregate demand
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- 9. The function of World Bank (IBRD) is?
A.​Promote growth of International trade and equipoise
B.Advance growth of International trade and equilibrium
C.Promote growth of International trade and equilibrium
D.Promote growth of external trade and equilibrium
Answer & Explanation
Answer: Option C
Promote growth of International trade and equilibrium
View Answer
- 10. The supply of money consists of?
A.Notes, Coins and Demand Deposits
B.Gold, Coins and Demand Deposits
C.Notes, Gold and Demand Deposits
D.Notes, Coins and Gold Deposits
Answer & Explanation
Answer: Option A
Notes, Coins and Demand Deposits
View Answer
To whom this Banking Awareness Expected Quiz Set 1 Questions and Answers section is beneficial?
Students can learn and improve on their skillset for using Verbal Ability effectively and can also prepare for competitive examinations like...
- All I.B.P.S and Public Sector Bank Competitive Exam
- Common Aptitude Test (CAT) Exams
- UPSC Paper-II or CSAT Exams
- SSC Competitive Exams
- Defence Competitive Exams
- L.I.C / G.I.C AO and Clerk Competitive Exams
- Railway Competitive Exam
- University Grants Commission (UGC)
- Career Aptitude Test (IT Companies) and etc.