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