Money and Banking Class 12 MCQs Questions with Answers

1. Narasimham Committee is related to what:

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

3. What is the defect of the barter system?

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

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

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

7. Indian Monetary System is based on ________

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

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

10. Which among the following is the near money?

11. What is the Central Bank of India:

12. Which of the following is the credit money?

13. High Powered Money includes:

14. Demand deposits include

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

16. The function of money is:

17. Banking Sector Reforms in India began in:

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

19. Which is the correct order of money evolution?

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