SSC economy quiz 12 September 22, 2018 September 22, 2018 Please enter your email: 1. income on which payment of tax is usually evaded money earned through underhand deals illegally earned money income on which payment of tax is usually evaded counterfeit currency 2. The special paper required for printing of currency notes by the Security Presses In the Hoshangabad Kolkata Hyderabad Dewas 3. Which of the following is incorrect about convertibility? The exchange rate’ would indicate the strength of the economy It would discourage black market transactions The RBI will be a direct player now rather than being an indirect one The exchange rate should be determined by the forces of demand and supply of the currency 4. The Issue Department of the RBI maintains a _______ against printing of notes: Proportional Gold Reserve System Proportional Foreign Securities Reserve System Minimum Reserve System Proportional Reserve System 5. How many languages are used on a ten rupee note? 2 7 15 10 6. Which of the following mints undertakes refining of gold for licensed gold dealers and The Mumbai Mint The Kolkata Mint The Hyderabad Mint None of the above 7. To meet the growing needs for coins in the country, where does the Government Dewas Noida Nasik Hoshangabad 8. For international payments, the Indian currency is linked to : Gold Standard American Dollar British Sterling None of the above 9. Convertibility of the rupee implies: allowing the value of the rupee to be fixed by market forces being able to convert rupee notes into gold developing an international market for currencies in India freely permitting the conversion of rupee to other major currencies and vice versa 10. The highest denomination of currency notes in circulation as legal tender in India is at Rs.1000 Rs. 500 Rs. 50 Rs.100 Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related
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