Money and Banking Class 12 MCQs Questions with Answers

1. “Money is what money does”. Who said this:

2. Narasimham Committee is related to what:

3. The function of money is:

4. Demand deposits include

5. Which is the correct order of money evolution?

6. RBI announced the guidelines to issue licenses to new banks of the private sector on:

7. What are the alternative measures of money supply in India?

8. Indian Monetary System is based on ________

9. Which among the following is the near money?

10. Banking Sector Reforms in India began in:

11. High Powered Money includes:

12. Which is associated with reforms in the banking sector?

13. Which of the following is the apex bank of India?

14. Who is the guardian of the Indian Banking System:

15. Through which method we can withdraw money from the bank:

16. Which of the following is the credit money?

17. Which one is the difficulty of the Barter System?

18. Who is the custodian of the Indian Banking system?

19. What is the defect of the barter system?

20. What is the Central Bank of India: