Please enter your email: 1. How many languages are used on a ten rupee note? 7 2 15 10 2. Which of the following mints undertakes refining of gold for licensed gold dealers and The Mumbai Mint The Hyderabad Mint The Kolkata Mint None of the above 3. For international payments, the Indian currency is linked to : American Dollar Gold Standard None of the above British Sterling 4. income on which payment of tax is usually evaded counterfeit currency illegally earned money money earned through underhand deals income on which payment of tax is usually evaded 5. Convertibility of the rupee implies: allowing the value of the rupee to be fixed by market forces developing an international market for currencies in India being able to convert rupee notes into gold freely permitting the conversion of rupee to other major currencies and vice versa 6. Which of the following is incorrect about convertibility? 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 The RBI will be a direct player now rather than being an indirect one 7. The special paper required for printing of currency notes by the Security Presses In the Dewas Kolkata Hyderabad Hoshangabad 8. The Issue Department of the RBI maintains a _______ against printing of notes: Proportional Gold Reserve System Proportional Foreign Securities Reserve System Proportional Reserve System Minimum Reserve System 9. The highest denomination of currency notes in circulation as legal tender in India is at Rs. 50 Rs. 500 Rs.1000 Rs.100 10. To meet the growing needs for coins in the country, where does the Government Noida Nasik Dewas Hoshangabad Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related Post navigation SSC economy quiz 11 SSC economy quiz 13
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