Money and Banking Class 12 MCQs Questions with Answers

1. Banking Sector Reforms in India began in:

2. Which of the following is the credit money?

3. What is the Central Bank of India:

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

5. The function of money is:

6. Indian Monetary System is based on ________

7. Which among the following is the near money?

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

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

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

11. What is the defect of the barter system?

12. Which is the correct order of money evolution?

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

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

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

16. High Powered Money includes:

17. Demand deposits include

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

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

20. Narasimham Committee is related to what: