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  5. Money And Banking

12th Class Economics Money And Banking Question Bank MCQs - Money and Banking

  • question_answer
    In the present COVID-19 times, many economists have raised their concerns that Indian economy may have to face a deflationary situation, due to reduced economic activities in the country. Suppose you are a member of the high-powered committee constituted by the Reserve Bank of India (RBI). You have suggested that as the supervisor of commercial banks, ................ of the money supply be ensured, by the Reserve Bank of India (RBI).

    A) Restriction

    B) Release

    C) Either [a] or [b]  

    D) None of the above

    Correct Answer: B

    Solution :

    Increase/release of money in the economy will lead to increase in demand leading to increase in employment to deal with the above situation.


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