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