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General Knowledge on Currency | GK Test on Currency Page 3
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General Knowledge on Currency

(Click on suggested Options to select the answer | Color Red means : Wrong & Green Means: Correct)

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21. Which one of the following forms the largest share of deficit in Government of India budget?
22. 'Repo Rates' is the rate at which
  • A. the RBI lends to States Governments
  • B. the International Aid Agencies lend to RBI
  • C. the RBI lends to banks
  • D. the bank lend to RBI
  • Check Answer | Discussion
23. Rise in the price of a commodity means
  • A. rise in the value of currency only
  • B. fall in the value of currency only
  • C. rise in the value of commodity only
  • D. fall in the value of currency and rise in the value of commodity
  • Check Answer | Discussion
24. If the interest rate is decreased in an economy, it will
  • A. decrease the consumption expenditure in the economy
  • B. increase the tax collection of the government
  • C. increase the investment expenditure in the economy
  • D. increase the total savings in the economy
  • Check Answer | Discussion
25. Financial sector reforms in India consists of
  • A. lowering down of CRR and SLR
  • B. entry of private firms in insurance sector
  • C. deregulation of rate of interest
  • D. All of the above
  • Check Answer | Discussion
26. M1 includes
27. 'Devaluation' means
  • A. converting rupee into gold
  • B. lowering of the value of one currency in comparison of some foreign currency
  • C. making rupee dearer in comparison to some foreign currency
  • D. None of the above
  • Check Answer | Discussion
28. The oldest stock exchange of India is
  • A. Bombay Stock Exchange
  • B. Ahmedabad Stock Exchange
  • C. Bangalore Stock Exchange
  • D. Hyderabad Stock Exchange
  • Check Answer | Discussion
29. The aim of 'Bharat Nirman Yojana' is
  • A. constructing a stronger border line
  • B. making India the hub of manufacturing goods
  • C. developing the ethos of nationalism
  • D. developing rural infrastructure
  • Check Answer | Discussion
30. Which of the following prints currency notes of the denomination of Rs.100?
  • A. The Bank Note Press, Dewas
  • B. The Indian Security Press, Nasik Road
  • C. The Security Printing Press, Hyderabad
  • D. All of the above
  • Check Answer | Discussion

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