BBA-II YEAR ( IV SEM) MONEY, BANKING & FINANCE -Dr. P.A.Manusmare
Date : 08 May 2020 . Each MCQ carry 4 marks
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1. Barter cannot function well

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2.Money

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3. Price of money
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4. Paper currency is known as ‘fiat money’

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5. Near-Money

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6. Direct exchange of goods against goods is called:

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7. Which of the following is not near money?

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8. Which bank is called lender of last resort?
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9. In which year the Reserve Bank of the India was established?
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10.Which bank enjoys monopoly power of Note issue?
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11. Which is considered as the mother of all Central Banks?
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12. Currency notes and coins are called as:
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13.The average income of a country is called
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14.The value of national income adjusted for inflation is calledB C D
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15.The value of NNP at production point is called
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16.When depreciation is deducted from GNP, the net value is
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17.Which of the following is considered as financial year in India?
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18.Which sector contributes the most to India's economy?
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19. What base year is used to calculate per capita income in India?
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20 The temporary tax levied to obtain additional revenue is called :
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21. The existence of a parallel economy or Black money
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22. The cause of low per capita income in India is :
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23. Which among the following formulates Fiscal policy ?
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24. Dear Money Policy relates to :
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25. Which of the following taxes is not levied by Union Government ?
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