Paper Money issued on the credit of a bank or government is called ______ A. Commodity Money B. Representative Money C. Fiat Money D. Fiduciary currency E. None of the Above

Paper Money issued on the credit of a bank or government is called ______ A. Commodity Money B. Representative Money C. Fiat Money D. Fiduciary currency E. None of the Above
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D. Fiduciary currency Explanation: Fiduciary Money that depends for its value on confidence that it is an accepted medium of exchange. It originated as a paper certificate that was a promise to pay a certain amount of gold or silver to the bearer.
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Which of the following is a currency established as money by government regulation or law but it is not backed by any commodity, such as gold, silver etc., but only by the faith of the bearer? A. Commodity Money B. Representative Money C. Fiat Money D. fiduciary currency E. None of the Above

Description : Which of the following is a currency established as money by government regulation or law but it is not backed by any commodity, such as gold, silver etc., but only by the faith of the bearer? A. Commodity Money B. Representative Money C. Fiat Money D. fiduciary currency E. None of the Above

Last Answer : C. Fiat Money Explanation: Fiat money is currency that a government has declared to be legal tender, but it is not backed by a physical commodity.

Any type of money that has face value greater than its value as material substance is known as _______ A. Commodity Money B. Representative Money C. Fiat Money D. fiduciary currency E. None of the Above

Description : Any type of money that has face value greater than its value as material substance is known as _______ A. Commodity Money B. Representative Money C. Fiat Money D. fiduciary currency E. None of the Above

Last Answer : B. Representative Money Explanation: A claim on a commodity, for example gold certificates or silver certificates. Any type of money that has face value greater than its value as material substance is called Representative Money.

Which of the following is a form of money that has an intrinsic value, like gold coins? A. Commodity Money B. Representative Money C. Fiat Money D. fiduciary currency E. None of the Above

Description : Which of the following is a form of money that has an intrinsic value, like gold coins? A. Commodity Money B. Representative Money C. Fiat Money D. fiduciary currency E. None of the Above

Last Answer : A. Commodity Money Explanation: Commodity Money is a form of currency in which the value of the currency comes from the material of which it is made.

The Monetary Authority in India, viz Reserve Bank of India is bound to maintain a reserve against the notes issued, Whatever may be the mount. This system is called as __________ A. Minimum Reserve System B. Proportional Reserve System C. Maximum Fiduciary Issue system D. Simple deposit system E. None of the Above

Description : The Monetary Authority in India, viz Reserve Bank of India is bound to maintain a reserve against the notes issued, Whatever may be the mount. This system is called as __________ A. Minimum Reserve ... Reserve System C. Maximum Fiduciary Issue system D. Simple deposit system E. None of the Above

Last Answer : A. Minimum Reserve System Explanation: The RBI follows a minimum reserve system in the note issue. Initially, it used to keep 40 per cent of gold reserves in its total assets.

Which of the following is not true of a letter of credit? A. it is a document B. issued by a bank C. at the request of the exporter D. the bank agrees to honor a draft drawn on the importer E. payable in the designated currency

Description : Which of the following is not true of a letter of credit? A. it is a document B. issued by a bank C. at the request of the exporter D. the bank agrees to honor a draft drawn on the importer E. payable in the designated currency

Last Answer : C. at the request of the exporter

A foreign currency denominated bond issued by foreign company in Singapore is known as ______ A. Yankee bond B. Bulldog bond C. Uridashi bond D. Husao bond E. Lion City bond

Description : A foreign currency denominated bond issued by foreign company in Singapore is known as ______ A. Yankee bond B. Bulldog bond C. Uridashi bond D. Husao bond E. Lion City bond

Last Answer : E. Lion City bond Explanation: Lion City bond foreign currency denominated bond issued by foreign company in Singapore.

Currency notes and coins are called as: a) Flat money b) Legal tenders c) Fiat money d) Both b and c

Description : Currency notes and coins are called as: a) Flat money b) Legal tenders c) Fiat money d) Both b and c

Last Answer : d) Both b and c

The BRICS New Development Bank has issued its first ______ denominated bonds. A) Uridashi B) Yuan C) Masala D) Rupee E) None of these

Description : The BRICS New Development Bank has issued its first ______ denominated bonds. A) Uridashi B) Yuan C) Masala D) Rupee E) None of these

Last Answer : B) Yuan Explanation: The New Development Bank (NDB) of the BRICS countries is set to issue its first yuandenominated bonds with plans to release more bonds in local currencies ... be issued after receiving a rating from international ratings agencies as well as getting authorities approval

Other than the gold standard what non fiat currency is a good investment?

Description : Other than the gold standard what non fiat currency is a good investment?

Last Answer : It sounds like you are asking what good barter items might be. It would have to be something that lasts a long time or something that can be created continuously, something physical, and something that ... system is kicking in, growing your own and trading it for things you need is a win-win.

Will Cryptocurrency Take Over From Fiat Currency?

Description : Will Cryptocurrency Take Over From Fiat Currency?

Last Answer : I don't really see this kind of situation coming to reality any time soon. I have always been of the opinion that cryptocurrency has not gotten to that level where we can say that they are going to ... of most of the coins in their areas and this is something that we should think about as well.

What is/are the characteristics of „Hot Money‟? A. The term is used for fresh currency notes issued by RBI B. It is the fund which inflows in the market to take advantage of high interest rates C. It is the fund which is thrown in the market to create imbalance in the stock markets D. All of the Above E. None of the Above

Description : What is/are the characteristics of Hot Money ? A. The term is used for fresh currency notes issued by RBI B. It is the fund which inflows in the market to take advantage of high interest rates C. It ... in the market to create imbalance in the stock markets D. All of the Above E. None of the Above

Last Answer : B. It is the fund which inflows in the market to take advantage of high interest rates Explanation: Hot money is currency that moves regularly, and quickly, between financial markets so investors ensure they are getting the highest short-term interest rates available.

Which of the following policies is known as Annual Policy Statement? A. Annual budget of central government B. Credit and Monetary Policy of RBI C. Foreign trade policy of DGFT D. Regulations issued by SEBI E. None of the Above

Description : Which of the following policies is known as Annual Policy Statement? A. Annual budget of central government B. Credit and Monetary Policy of RBI C. Foreign trade policy of DGFT D. Regulations issued by SEBI E. None of the Above

Last Answer : B. Credit and Monetary Policy of RBI Explanation: Credit and Monetary Policy of RBI is known as Annual Policy Statement.

Treasury bills are issued in India by ______ A. RBI B. State Government C. Government of India D. SEBI

Description : Treasury bills are issued in India by ______ A. RBI B. State Government C. Government of India D. SEBI

Last Answer : C. Government of India Explanation: Treasury bills (T-bills) offer short-term investment opportunities, generally up to one year. They are thus useful in managing short-term liquidity. At present, the ... , 91-day, 182-day and 364-day. There are no treasury bills issued by State Governments.

In their fiduciary role, the professional accountants owe their primary loyalty to: a. The accounting profession b. The general public c. The client d. Government regulatory agencies

Description : In their fiduciary role, the professional accountants owe their primary loyalty to: a. The accounting profession b. The general public c. The client d. Government regulatory agencies

Last Answer : The client

Which bank is called the representative of the government ?

Description : Which bank is called the representative of the government ?

Last Answer : Representative of Central Bank Government.

What is AGMARK? (1) It is a marketing seal issued on the graded agricultural commodity (2) It stands for agricultural marketing (3) It represents agricultural management and regulation (4) None of these

Description : What is AGMARK? (1) It is a marketing seal issued on the graded agricultural commodity (2) It stands for agricultural marketing (3) It represents agricultural management and regulation (4) None of these

Last Answer : (2) It stands for agricultural marketing Explanation: AGIVIARK is a certification mark employed on agricultural products in India, assuring that they conform to a set of standards approved by the ... Pulses, Cereals, Essential Oils, Vegetable Oils, Fruits & Vegetables, and semi-processed products.

What is ‘AGMARK’? (1) It is a marketing seal issued on the graded agricultural commodity (2) It stands for agricultural marketing (3) It represents agricultural management and regulation (4) None of these

Description : What is ‘AGMARK’? (1) It is a marketing seal issued on the graded agricultural commodity (2) It stands for agricultural marketing (3) It represents agricultural management and regulation (4) None of these

Last Answer :  It stands for agricultural marketing

The currency notes on behalf of the Central Government are issued by whom ? -SST 10th

Description : The currency notes on behalf of the Central Government are issued by whom ? -SST 10th

Last Answer : The currency notes on behalf of the Central Government are issued by the Reserve Bank of India (RBI) only.

Letter of Credit is issued by a. IMF b. WTO c. Importer’s Bank d. Exporters Bank

Description : Letter of Credit is issued by a. IMF b. WTO c. Importer’s Bank d. Exporters Bank

Last Answer : c. Importer’s Bank

Cash kept in the currency chest is owned by? A. Currency Chest branch bank B. State Bank of India C. Central Government D. Reserve Bank of India

Description : Cash kept in the currency chest is owned by? A. Currency Chest branch bank B. State Bank of India C. Central Government D. Reserve Bank of India

Last Answer : D. Reserve Bank of India Explanation: The amount of cash kept in the currency chest belongs to the RBI and is used for maintaining the Cash Reserve Ratio. To facilitate the distribution of ... These are actually storehouses where banknotes and rupee coins are stocked on behalf of the Reserve Bank.

Which of the following is the negotiable instrument? A. Fixed Deposit of a Bank B. Share certificate issued by a PSU C. Demand Draft issued by a bank D. Debenture of a company E. Airway Receipt

Description : Which of the following is the negotiable instrument? A. Fixed Deposit of a Bank B. Share certificate issued by a PSU C. Demand Draft issued by a bank D. Debenture of a company E. Airway Receipt

Last Answer : C. Demand Draft issued by a bank Explanation: A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee).

Explain the following terms/concept : Fiduciary duty

Description : Explain the following terms/concept : Fiduciary duty

Last Answer : Explain the following terms/concept : Fiduciary duty

Corporate Fiduciary Duties?

Description : Corporate Fiduciary Duties?

Last Answer : Corporate fiduciary duties demand that the "fiduciary," (who is given legal control over funds), establishes a "standard of care" that rejects normal self interest for the benefit of the ... finances. The fiduciary must not take advantage of or betray the confidence of the entrusting parties.

The capital issues of public limited companies are subject to guidelines issued by– (A) Reserve Bank of India (B) Central Government (C) Central Bank of India (D) Securities & Exchange Board of India (SEBI)

Description : The capital issues of public limited companies are subject to guidelines issued by– (A) Reserve Bank of India (B) Central Government (C) Central Bank of India (D) Securities & Exchange Board of India (SEBI)

Last Answer : Answer: Securities amp; Exchange Board of India (SEBI)

Long-term debt securities issued by the GOI or any of the State Government‟s or undertakings owned by them or by development financial institutions are called as ________ A. Shares B. Debentures C. Bonds D. Both (A) and (C) E. None of the Above

Description : Long-term debt securities issued by the GOI or any of the State Government‟s or undertakings owned by them or by development financial institutions are called as ________ A. Shares B. Debentures C. Bonds D. Both (A) and (C) E. None of the Above

Last Answer : C. Bonds Explanation: Long-term debt securities issued by the Government of India or any of the State Government‘s or undertakings owned by them or by development financial institutions are called as bonds.

Which of the following cheque issued by a customer under a pre-approved arrangement with the bank? A. Travellers cheque B. Multi-city Cheque C. Mutilated Cheque D. Crossed Cheque

Description : Which of the following cheque issued by a customer under a pre-approved arrangement with the bank? A. Travellers cheque B. Multi-city Cheque C. Mutilated Cheque D. Crossed Cheque

Last Answer : B. Multi-city Cheque Explanation: A Multi-City Cheque (MCC) is one that can be written by the customer in favour of his client and is payable at par at all branches of the Bank. These are issued as Order Cheque.

An indiference curve measures ______ level of satisfaction derived from different combinations of commodity X and Y. (1) same (2) higher (3) lower (4) minimum

Description : An indiference curve measures ______ level of satisfaction derived from different combinations of commodity X and Y. (1) same (2) higher (3) lower (4) minimum

Last Answer : (1) same Explanation: An indifference curve may be defined as the locus of points, each representing a different combination of two substitute goods, which yield the same utility or level of ... is indifferent between any two combinations of goods when it comes to making a choice between them.

What is the full form of FCCB? A. Foreign Currency convertible Bond B. Foreign Currency credit Bond C. Financial Consortium and Credit Bureau D. Future Credit and Currency Bureau E. None of the Above

Description : What is the full form of FCCB? A. Foreign Currency convertible Bond B. Foreign Currency credit Bond C. Financial Consortium and Credit Bureau D. Future Credit and Currency Bureau E. None of the Above

Last Answer : A. Foreign Currency convertible Bond Explanation: Foreign currency convertible bonds (FCCBs) are a special category of bonds. FCCBs are issued in currencies different from the issuing company‘s domestic currency. A convertible bond is a mix between a debt and equity instrument.

Do you think Fiat/Chrysler will go out of business?

Description : Do you think Fiat/Chrysler will go out of business?

Last Answer : answer:No. This fine ($105 mill) is going to be largely covered by insurance anyway. And Fiat has VERY deep pockets. This is a drop in the bucket. Nothing which is going to cause them any financial instability.

Can anyone tell me what year this Fiat Spider is?

Description : Can anyone tell me what year this Fiat Spider is?

Last Answer : answer:I had a boyfriend who had a Fiat back in college. Every time he drove it over railroad tracks, the steering had to be realigned. It was an awesome car, and fun to ride around in, and the ... you can assess what the car is worth. There are a number of restorations that are featured on the web.

Can a Fiat Cinquecento 0.9 engine be replaced with a 1.1 Sporting (or other) engine?

Description : Fiat Cinquecento 0.9 engine can be replaced with 1.1 Sporting (or other) engine?

Last Answer : I think it's workable. The story is quite a job, but you can do it. You definitely have to start with the conceptions. [img] https:///wp-content/uploads/2016/02/S0-La-p-tite-sportive-du-lundi-Fiat-Cinquecento-Sporting-144210.jpg [/ img] [img ] https:///wp-content/uploads/2016/02/7224-1.jpg [/ img] 

MT UMI super I paired with hand free integrated in the car (fiat, blue me system).

Description : The phone is displayed, allows you to make or receive a call, mutes the radio, the other party hears me well, but I do not hear the other party at all.In the phone android6.2. After ... without change. Previous phones of the same brand worked without any problems. I ask very much for any advice.

Last Answer : UMI SUPER phone, paired with a hand free in the vehicle (fiat, blue me system). The phone is displayed, allows you to make or receive a call, mutes the radio, the other party hears me ... change. Previous phones of the same brand worked without any problems. I ask very much for any advice.

Can I use 5w30 oil in a fiat punto?

Description : Can I use 5w30 oil in a fiat punto?

Last Answer : It would depend on the year of the car and engine type.

What effect will each of the following have on the demand for small automobiles such as the mini-cooper and fiat 500 small auoymobiled become more fashionable?

Description : What effect will each of the following have on the demand for small automobiles such as the mini-cooper and fiat 500 small auoymobiled become more fashionable?

Last Answer : Feel Free to Answer

What are the dimensions of the tires of the truck Fiat 616 year 1973?

Description : What are the dimensions of the tires of the truck Fiat 616 year 1973?

Last Answer : Standard tire size: 125 - 12 Tire width (mm): 125 Tire sidewall factor: 82 Rim size (in): 12 Total wheel diameter (mm / in): 510 / 20.1

What is the full form of FIAT?

Description : What is the full form of FIAT?

Last Answer : First in all test (Fiat)

What is the full form of FIAT?

Description : What is the full form of FIAT?

Last Answer : First in all test (Fiat)

The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic growth is known as: A. Economic Policy B. Monetary Policy C. Fiscal Policy D. Credit Policy E. Budgetary Policy

Description : The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic ... A. Economic Policy B. Monetary Policy C. Fiscal Policy D. Credit Policy E. Budgetary Policy

Last Answer : B. Monetary Policy Explanation: Monetary Policy is the process by which monetary authority of a country, generally a central bank controls the supply of money in the economy by exercising its control over ... Bank of India (RBI). is so designed as to maintain the price stability in the economy.

In UPI, we can Send money to any bank account through mobile without entering ____________ A. debit/credit card details B. net banking/wallet password C. receiver‘s account number. D. All of the Above E. None of the Above.

Description : In UPI, we can Send money to any bank account through mobile without entering ____________ A. debit/credit card details B. net banking/wallet password C. receiver‘s account number. D. All of the Above E. None of the Above.

Last Answer : D. All of the Above Explanation: Send money up to Rs 1 lakh to any bank account through the mobile without entering debit/credit card details, net banking/wallet password or even knowing the receiver‘s account number.

Which Mahatma Gandhi series of currency notes issued by the RBI has “ecology” depicted on it ? -General Knowledge

Description : Which Mahatma Gandhi series of currency notes issued by the RBI has “ecology” depicted on it ? -General Knowledge

Last Answer : The answer is 'Rs. 100'

Which Mahatma Gandhi series of currency notes issued by the RBI has “ecology” depicted on it ? -Do You Know?

Description : Which Mahatma Gandhi series of currency notes issued by the RBI has “ecology” depicted on it ? -Do You Know?

Last Answer : Mahatma Gandhi series of Rs. 100 notes has picture of Indian Himalayan mountain ranges on its reverse which is of ecological and environmental significance.

Which Mahatma Gandhi series of currency notes issued by the RBI has “ecology” depicted on it ? -General Knowledge

Description : Which Mahatma Gandhi series of currency notes issued by the RBI has “ecology” depicted on it ? -General Knowledge

Last Answer : Mahatma Gandhi series of Rs. 100 notes has picture of Indian Himalayan mountain ranges on its reverse which is of ecological and environmental significance.

Which Mahatma Gandhi series of currency notes issued by the RBI has “ecology” depicted on it ? -General Knowledge

Description : Which Mahatma Gandhi series of currency notes issued by the RBI has “ecology” depicted on it ? -General Knowledge

Last Answer : Mahatma Gandhi series of Rs. 100 notes has picture of Indian Himalayan mountain ranges on its reverse which is of ecological and environmental significance.

The period of currency of IPO with second commission a) Three calendar month from the last day of the month the IPO was issued b) Six month from the last day of the month the IPO was issued c) 24 months d) 36 months

Description : The period of currency of IPO with second commission a) Three calendar month from the last day of the month the IPO was issued b) Six month from the last day of the month the IPO was issued c) 24 months d) 36 months

Last Answer : d) 36 months

As Bob and Sarah Wallace meet with the account representative at Midland Bank, they are shown a sample of what their monthly statement will look like. Providing such sample documents allows Midland to add tangibility to which one of the following qualities? A) experience B)credence C)search D)perishability

Description : As Bob and Sarah Wallace meet with the account representative at Midland Bank, they are shown a sample of what their monthly statement will look like. Providing such sample documents allows Midland ... to which one of the following qualities? A) experience B)credence C)search D)perishability

Last Answer : C)search

By which rate is the domestic current rate of currency converted into foreign currency? A. Bank Rate B. CRR C. Stock Exchange Rate D. Repo Rate E. Exchange Rate

Description : By which rate is the domestic current rate of currency converted into foreign currency? A. Bank Rate B. CRR C. Stock Exchange Rate D. Repo Rate E. Exchange Rate

Last Answer : E. Exchange Rate Explanation: An exchange rate aka a (foreign-exchange rate, forex rate, FX rate or Agio) between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country‘s currency in terms of another currency.

_________ is an account maintained in foreign currency with an Authorised Dealer Bank. A. Exchange Earners‘Foreign Currency Account B. Exchange Eligible Foreign Currency Account C. Earners‘ Eligible Foreign Currency Account D. Earners‘ Exchange Foreign Currency Account E. Equity Exchange Foreign Currency Account

Description : _________ is an account maintained in foreign currency with an Authorised Dealer Bank. A. Exchange Earners Foreign Currency Account B. Exchange Eligible Foreign Currency Account C. Earners ... Account D. Earners Exchange Foreign Currency Account E. Equity Exchange Foreign Currency Account

Last Answer : A. Exchange Earners‟Foreign Currency Account Explanation: Exchange Earners‘ Foreign Currency Account (EEFC) is an account maintained in foreign currency with an Authorised Dealer Bank (Category – I Bank) in foreign exchange.

Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets under _______ of the Banking Regulation Act, 1949 A. Section 35A B. Section 25A C. Section 15A D. Section 30A E. None of the Above

Description : Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets under _______ of the Banking Regulation Act, 1949 A. Section 35A B. Section 25A C. Section 15A D. Section 30A E. None of the Above

Last Answer : A. Section 35A Explanation: The Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets. It has issued a directive to banks under Section 35A of the Banking Regulation Act, 1949.