● MCQ's
1. The widest possible view of money is:
Ans: The Central Bank Approach (C + DD + TD + NBFI - CUA)
2. The function of money is not:
Ans: Stabilization of Price level.
3. What is a Fiat Money ?
Ans: Legal Money
4. BOE is:
Ans: Quasi Money/Near Money
5. When the value of the commodity = Value of the money its called:
Ans: Full boided Money
6. Keyensia concept of the money focuses on:
Ans: Store of the value.
7. Father of modern quantity theory of money:
Ans: M. Friedman.
8. What is Pigou's cash balance equation ?
Ans: M = KR / P
9. Real Balance Effect is also given by:
Ans: A.C Pigou
10. Degree of the elasticity in respect to the speculative demand for money under liquidity trap is:
Ans: Infinite
11. Deflation benefits mostly:
Ans: Pensioners
12. Is "Security holdings" liability of a commercial bank ?
Ans: No
13. Which is the country that introduced the concept of CRR ?
Ans: USA
14. The deposit creation formula is:
Ans: 1 / CRR
15. What is TOT (Terms of Trade)
Ans: Ratio of, Index of Export Prices to Index of Import prices.
16. In BOP, what is the "Foreign Travel"
Ans: Invisible
17. Nepal's monetray policy is made on the basis of which International system?
Ans: Exchange Rate Anchor
18. What is the elasticity of demand for foreign exchange for financing capital outflow?
Ans: Zero
19. If the elasticity of foreign demand for the country's exports is unity, the supply curve of the foreign excahnge will be:
Ans: Vertical
20. Did "Mercantalists" favor free Trade ?
Ans: No
Note: NBFI: Non Banking Financial Institutio.
CUA: Credit from Unrecognised Agents
Plz share this...
Thank you
To be contd...
Aditya Pokhrel
Assistant Director, NRB
MBA,MA Economics,MPA
No comments:
Post a Comment