Sum total of currency in circulation plus commercial bank demand deposits and sometimes savings bank time deposits?

Related Mcqs:

1. Major financial institution responsible for issuing currency, managing foreign reserves implementing monetary policy and providing banking service to the govt. and commercial banks ?

   A. Central Bank
   B. State Bank
   C. Both
   D. None

2. A commercial bank authorized by state govt. to engage in business of banking ?

   A. National Bank
   B. State Bank
   C. Business authorized bank
   D. None

3. The use of foreign currency as a medium of exchange in place of or long with the local currency e.g. (Mdexican Pesos)___________________?

   A. Partial substitution
   B. Currency substitution
   C. Currency devaluation
   D. None

4. The rate of exchange of one nation’s currency for another nation’s currency?

   A. Exchange rate appreciation
   B. Exchange rate depreciation
   C. Exchange rate determinant
   D. None of these

5. The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?

   A. Depreciation
   B. Downsizing
   C. Rightsizing
   D. All

6. From of central bank that issues domestic currency for foreign exchange at fixed rates ?

   A. Stock exchange
   B. Currency board
   C. State Bank
   D. Commercial Bank

7. The transfer of savings from developing countries to industrially advanced countries to avoid govt. expropriation, taxation and high rates of inflation is_________________?

   A. capital flight
   B. capital account
   C. capital deficit
   D. All of these

8. “The tricks of economic growth and development are simply a matter of increasing national savings and investment.” Is a simplest form of?

   A. Rostow growth stages
   B. Keynesian development theory
   C. Harod-Domar growth model
   D. None

9. The demand schedule or the demand curve of all buyers of a good or service is called____________________?

   A. Market demand
   B. Total demand
   C. Both
   D. None

10. Increases in the price level resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand ?

    A. Demand pull inflation
    B. Stagflation
    C. Both
    D. None