Description : Devaluation of money means : (1) decrease in the internal value of money (2) decrease in the external value of money (3) decrease in both internal and external value of money (4) the government takes back currency notes of any denominations
Last Answer : (1) decrease in the internal value of money Explanation: Devaluation refers to a decline in the value of a currency in relation to another, usually brought about by the actions of a central bank ... with developing countries that don't allow their currency prices to float freely on the open market.
Description : What does devaluation of a currency mean ? 1. decrease in the internal value of money 2. decrease in the external value of money 3. decrease both in the external and internal values of money 4. None of these 5. both 1 and 2
Last Answer : decrease in the external value of money
Description : Devaluation of currency leads to - (1) expansion of export trade (2) contraction of import trade (3) expansion of import substitution (4) All of the above
Last Answer : (4) All of the above Explanation: Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which ... deficit. Import substitution means promotion of export to replace imports. It is also fallout of devaluation.
Description : The outcome of 'devaluation of currency' is - (1) increased export and improvement in balance of payment (2) increased export and foreign reserve deficiency (3) increased import and improvement in balance of payment (4) increased export and import
Last Answer : (1) increased export and improvement in balance of payment Explanation: Devaluation is a reduction in the exchange value of a country's monetary unit in terms of gold, silver, or foreign ... home country's export sales and discourages expenditures on imports, thus improving its balance of payments.
Description : Devaluation of currency leads to (1) expansion of export trade (2) contraction of import trade (3) expansion of import substitution (4) All of the above
Last Answer : All of the above
Description : The outcome of ‘devaluation of currency’ is (1) increased export and improvement in balance of payment (2) increased export and foreign reserve deficiency (3) increased import and improvement in balance of payment (4) increased export and import
Last Answer : increased export and improvement in balance of payment
Description : Devaluation usually causes the internal prices to : (1) fall (2) rise (3) remain unchanged (4) None of the above
Last Answer : (3) remain unchanged Explanation: Devaluation reduces the export price in term of foreign currencies in the world market. As a result the exports are increased so as to increase the revenue ... effects on a country's international trade by alluring traders. But, internal prices remain unaffected.
Last Answer : remain unchanged
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
Description : "Legal Tender Money" refers to : (1) Cheques (2) Drafts (3) Bill of exchange (4) Currency notes
Last Answer : (4) Currency notes Explanation: Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common ... tender in many countries. Legal tender money is a type of payment that is protected by law.
Description : Bank money refers to - (1) currency notes (2) coins (3) gold bullions (4) cheques
Last Answer : (4) cheques Explanation: There are two types of money in a fractional-reserve banking system, currency originally issued by the central bank, and hank deposits at commercial banks: (1) ... created in the banking system through borrowing and lending) - sometimes referred to as chequebook money.
Description : Bank money refers to (1) currency notes (2) coins (3) gold bullions (4) cheques
Last Answer : cheques
Description : “Legal Tender Money” refers to : (1) Cheques (2) Drafts (3) Bill of exchange (4) Currency notes
Last Answer : Currency notes
Description : Who are on the bills in american currency and how many were president, what are the denominations?
Last Answer : Washington-$1 Jefferson-$2 Lincoln-$5 Hamilton-$10 Jackson-$20 Grant-$50 Franklin-$100
Description : Do you think the USA will ever put Braille "bumps" on currency, so blind people can differentiate the various denominations?
Last Answer : I think that instead of having a paper bill and the Braille bumps wearing out, they can apply plastic bumps on the bills, or just remake the bill into a plastic one, like many other countries. Plastic bills are much cleaner and are easier to maintain their shape (won’t tear, get wet.. etc)
Description : The major aim of devaluation is to - (1) encourage imports (2) encourage exports (3) encourage both exports and imports (4) discourage both exports and imports
Last Answer : (2) encourage exports Explanation: Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can ... , discouraging imports. As a result, this may help to reduce a country's trade deficit.
Description : The major aim of devaluation is to : (1) encourage imports (2) encourage exports (3) encourage both exports and imports (4) discourage both exports and imports
Last Answer : encourage exports
Description : Devaluation of currency can correct a Balance of Payments deficit because___ A. It lowers price of exports in foreign currency and rises price of imports in home currency B. It raises price of ... and imports in foreign currency D. It lowers price of exports and imports in home currency
Last Answer : A. It lowers price of exports in foreign currency and rises price of imports in home currency
Description : 1. What is the highest denomination of currency notes in circulation as legal tender in India at present? 2. Pollination takes place with the help of bird, what is called? 3. The Lok Sabha ... due to rejuvenation of a river? 20. Quit India Movement started after the failure of which proposal?
Last Answer : Answer : 1. Rs. 1000 2. Ornithophily 3. Ministry of Human Affairs 4. Madhya Pradesh 5. Indigo Disturbances 6. White of egg 7. Bernardo Bertolucci 8. Crystallography 9. U.P. 10. Sanyasi rebellion 11. Echidna 12. 530 ... 16. V. K. R. V. Rao 17. August 12 18. Four 19. Oxbow lake 20. Cripps' proposal
Description : A market-determined decrease in the d4ollar price of the pound is associated with: A. Revaluation of the dollar B. Devaluation of the dollar C. Appreciation of the dollar D. Depreciation of the dollar
Last Answer : C. Appreciation of the dollar
Description : An increase in interest rates (a) is likely to reduce savings (b) is likely to reduce external value of currency © Leads to a shift in the MEC schedule (d) Leads to a movement along MEC schedule.
Last Answer : (d) Leads to a movement along MEC schedule
Description : The purpose of devaluation is to : (1) be little foreign currencies (2) encourage exports (3) discourage exports (4) encourage import
Last Answer : (2) encourage exports Explanation: Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can be exchanged. It makes exports more competitive and imports more expensive.
Description : Devaluation makes import - (1) Competitive (2) Inelastic (3) Cheaper (4) Dearer
Last Answer : (4) Dearer Explanation: Devaluation makes import expensive and discourages it, while the export of a country that devalues becomes cheaper and thereby induces trade partners to import more goods from her. Nations that produce industrial goods on a large scale stand to benefit from devaluation.
Description : Devaluation makes import (1) Competitive (2) Inelastic (3) Cheaper (4) Dearer
Last Answer : Dearer
Description : Pegging up of a currency means, fixing the value of a currency - (1) at a constant level (2) at a lower level (3) at a higher level (4) leaving it to market forces
Last Answer : (1) at a constant level Explanation: Currency pegging is the idea of fixing the exchange rate of a currency by matching its value to the value of another single currency or to a basket of other ... the value of a currency, with respect to the .currency or the other valuable it is pegged to.
Description : Pegging up of a currency means, fixing the value of a currency (1) at a constant level (2) at a lower level (3) at a higher level (4) leaving it to market forces
Last Answer : at a constant level
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.
Description : Government takes 'ways and means advances' from - (1) RBI (2) IDBI (3) SBI (4) ICICI
Last Answer : (1) RBI Explanation: Ways and means advances (WMA) is a mechanism used by Reserve Bank of India (RBI) under its credit policy by which provides to the States banking with it to help ... WMA both to the Central and State governments. It aims to bridge the interval between expenditure and receipts.
Description : Government takes ‘ways and means advances’ from (1) RBI (2) IDBI (3) SBI (4) ICICI
Last Answer : RBI
Description : A purse contains a certain number of coins of denominations Rs 1 and 25 paise. The total value of the coins (in Rs) is 6 less than the total number of
Last Answer : A purse contains a certain number of coins of denominations Rs 1 and 25 paise. The total value of ... of coins. Find the number of 25 paise coins
Description : Insurance is compulsory, if the article contains a) Gold coins or bullion, currency notes & any other valuable articles b) VP articles below the value of Rs 600/- c) Containing lorry receipts d) All parcels exceeding 4 KG in weight
Last Answer : a) Gold coins or bullion, currency notes & any other valuable articles
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.
Description : What is "narrow money"? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters
Last Answer : (1) The sum of currency in circulation and the demand deposits in banks Explanation: The four main monetary aggregates of measures of money supply which reflect the state of the monetary sector ... This category of money is considered to be the most readily available for transactions and commerce.
Description : What is narrow money ? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters
Last Answer : The sum of currency in circulation and the demand deposits in banks
Description : Trade between two countries is considered as ----trade (a) External (b) Internal (c) Inter- regional (d) None of the above.
Last Answer : (a) External
Description : If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should - (1) lower cash reserve ratio (2) raise discount rates (3) sell government securities (4) All of the above
Last Answer : (1) lower cash reserve ratio Explanation: When the Central Bank of a country intends to increase money supply, it should lower the Cash Reserve Ratio. A decrease in CRR helps the commercial banks to ... the amount of Bank deposits and they will lend more as they have more amount as their reserve.
Description : The RBI can decrease the money supply in the market by: a) selling government securities b) buying government securities c) borrowing money from commercial banks d) none of the above
Last Answer : a) selling government securities
Description : If the Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should (1) lower cash reserve ratio (2) raise discount rates (3) sell government securities (4) All of the above
Last Answer : lower cash reserve ratio
Description : Who decided in the US about things such as our money's apperearance and denominations, the traffic laws, and education?
Last Answer : answer:Traffic laws are, for the most part, local so local municipal governments. Our money's appearance and denominations was the Treasury Department with sign off by the Executive Branch. Education was ... , again, signed off on by the Executive Branch and Congress (who pass educational bills).
Last Answer : There are usually two types of denominations. Immediate denomination and delayed denomination. Immediate Denmohar is to be paid as soon as the wife asks. Delayed seals can be paid at any time after marriage. ... divorce, the dowry must be paid. Then Denmohar remains as a husband's debt to his wife.
Description : What are the most active christian denominations of Australia?
Last Answer : what are the most active Christian demoinations of Australia
Description : What are the denominations of the pound?
Last Answer : Currently, there are coins for 1, 2, 5, 10, 20, and 50 pence, aswell as 1 and 2 pounds. There was a 1/2 pence, but it wasdiscontinued in the 1980s.
Description : Certificates of all types and denominations are printed at the Security Press, Nasik, who supplies them to a) Postal Stock depot b) Circle office c) Circle stamp depot d) Head office
Last Answer : c) Circle stamp depot
Description : Certificates of all types and denominations are printed and supplied by a) Central Stock depot b) Central Store depot c) Security press nasik d) None of the above
Last Answer : c) Security press nasik
Description : IPOs are available in a) 10 denominations b) 6 denominations c) 15 denominations d) 8 denominations
Last Answer : b) 6 denominations
Description : In Electronic cash payment (i) a customer withdraws “coins” in various denominations signed by the bank (ii)the bank has a database of issued coins (iii) the bank has a database of spent coins (iv) the bank cannot trace a customer a. i, ii b. i, ii, iii c. i, ii, iii, iv d. ii, iii, iv
Last Answer : b. i, ii, iii
Description : In a post-office, stamps of three different denominations of Rs 7, Rs 8, Rs 10 are available. The exact amount for which one cannot buy stamps is (A) 19 (B) 20 (C) 23 (D) 29
Last Answer : Answer: A
Description : A currency whose exchange rate is influenced by the government is a/an - (1) Unmanaged Currency (2) Managed Currency (3) Scarce Currency (4) Surplus Currency
Last Answer : (2) Managed Currency Explanation: Managed currency refers to currency whose ex-change rate is not determined by the free-market forces of demand and supply but instead by the government's intervention through the country's central bank.
Description : A currency whose exchange rate is influenced by the government is a/an (1) Unmanaged Currency (2) Managed Currency (3) Scarce Currency (4) Surplus Currency
Last Answer : Managed Currency