QUIZ ON MONETARY STANDARD

JavaScript isn't enabled in your browser, so this file can't be opened. Enable and reload.

This paper contains 20 multiple choice questions on MONETARY STANDARD asked in different exams such as BHU B. Com, M. Com, M.A (Economics) entrance exams.

Points are given against each questions.

All The Best...

#Lock down can't lock your aspirations...
@chandan kumar dwivedi

Full Name *

1. The main objective of a sound monetary standard is: (BHU B.COM 2019)

1 point

To maintain stability in currency' internal value

To maintain stability in currency' external value

To maintain stability in currency' internal and external value

None of the three

Clear selection

2. India left the silver standard in: (BHU B.COM 2019)

1 point

1790

1839

1893

None of the three

Clear selection

3. Which from the following is not a feature of Gold Currency Standard?(BHU B.COM 2019)

1 point

Circulation of gold coins

No circulation of paper money

Free coinage

Free import-export of gold

Clear selection

4. Which is the oldest form of Gold Standard? (BHU M.COM 2019)

1 point

Gold Bullion Standard

Gold Reserve Standard

Gold Parity Standard

Gold Currency Standard

Clear selection

5. Exchange equalisation funds were created under which form of Gold Standard? (BHU B.COM 2019)

1 point

Gold Bullion Standard

Gold Reserve Standard

Gold Parity Standard

Gold Exchange Standard

Clear selection

6. Monetary standard refers to: ( BHU B.Com 2016)

1 point

Principal method of regulating the quantity of standard money

Principal method of regulating the exchange value of standard money

Principal method of regulating the quantity and the exchange value of standard money

Principal method of regulating the purchasing power of standard money

Clear selection

7. The prevalent name of Gold Currency Standard is: ( BHU B.Com 2016)

1 point

Full Gold Standard

Gold Bullion Standard

Gold Exchange Standard

Gold Parity Standard

Clear selection

8. The development of monetary system was initially introduced with the money: ( BHU B.Com 2015)

1 point

Commodity Money

Metal Money

Paper Money

Credit Money

Clear selection

9. Which monetary standard is in practice in India? ( BHU B.Com 2015)

1 point

Gold Currency Standard

Gold Exchange Standard

Silver Standard

Paper Currency Standard

Clear selection

10. Which money is most economical in terms of its cost? ( BHU B.Com 2015)

1 point

Gold Money

Silver Money

Paper Money

Commodity Money

Clear selection

11. Who regulates the monetary and banking system in India? ( BHU B.Com 2015)

1 point

Government of India

Parliament

Reserve Bank of India

State Bank of India

Clear selection

12. In which country, the paper money was circulated for the first time: ( BHU B.Com 2015)

1 point

India

China

Japan

Iran

Clear selection

13. Which one of the following is the best source of exchange? ( BHU B.Com 2014)

1 point

Goods

Cheque

Bill receivable

Money

Clear selection

14. Monetary policy refers to the Policy of

1 point

Government

Commercial Banks

Central Bank

Foreign Bank

Clear selection

15. Which gold standard came with the establishment of IMF?

1 point

Gold Currency Standard

Gold Parity Standard

Gold Exchange Standard

Gold Reserve Standard

Clear selection

16. Which country adopted Gold Standard for the first time? ( BHU M.Com)

1 point

Japan

China

United Kingdom

USA

Clear selection

17. Under Gold Currency Standard, Gold Coins were:

1 point

Limited Legal Tender

Unlimited Legal Tender

No Legal Tender

None of the three

Clear selection

18. Full bodied coins refer to:

1 point

Which face value > intrinsic value

Which face value < intrinsic value

Which face value & intrinsic value has no relation

Which face value = intrinsic value

Clear selection

19. In Gold Bullion Standard gold was:

1 point

both as medium of exchange and measurement of value

Only medium of exchange

Only measure of value

None of the three

Clear selection

20. Tripartite monetary agreement took place among:

1 point

Great Britain, Japan, USA

Great Britain, France, USA

Great Britain, Japan, Germany

Great Britain, China, Russia

Clear selection

Submit

Clear form

Never submit passwords through Google Forms.

This content is neither created nor endorsed by Google. Report Abuse - Terms of Service - Privacy Policy

Forms