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