11 Mar 2022

12th Economics Chapter 5 – Monetary Economics Book Back Answers

Samacheer Kalvi 12th Economics – Chapter 5: Monetary Economics Book Back Answers

Samacheer Kalvi 12th Standard New Economics Book Back 1 Mark and 2 Mark Questions with Answers PDF uploaded and available below. Tamil Nadu Class 12 New Syllabus Economics Chapter 5 – Monetary Economics Book Back Solutions 2022 available for English medium students. TN Samacheer Kalvi 12th Std Economics Book Portion consists of 12 chapters. Check chapter-wise and Full Class 12th Economics Book Back Answers/ Guide 2022 PDF format for free download. 12th Economics Chapter 5 – Monetary Economics Book Back Answers below:

English, Tamil, Maths, Physics, Chemistry, Botany, Zoology, History, Geography, Economics, Political Science, and Commerce Book Back One and Two Mark Questions and Answers available in PDF on our site. Class 12th Standard English medium Economics guide Book Back Answers PDF listed below chapter-wise for free download. Check Social Science – History, Geography, Political Science, Economics One Mark English Medium below. See below for the New 12th Economics Book Back Questions with Answer PDF:

Class 12 Samacheer Books PDF Free download, Click the link – Samacheer Kalvi 12th books

12th Samacheer Books Economics Book Back Answers PDF:

English Medium 12th Samacheer Kalvi Economics Book Subject One Mark, Two Mark Guide questions and answers are available below. Take the printout and use it for exam purposes.

12th Economics – Chapter 5: Introduction to Monetary Economics Book Back Answers

1. The RBI Headquarters is located at
(a) Delhi   (b) Chennai   (c) Mumbai   (d) Bengaluru

2. Money is
(a) acceptable only when it has intrinsic value      (b) constant in purchasing power
(c) the most liquid of all assets                                  (d) needed for the allocation of resources

3. Paper currency system is managed by the
(a) Central Monetary authority    (b) State Government    (c) Central Government   (d) Banks

4. The basic distinction between M1 and  M2  is with regard to.
(a) post office deposits   (b) time deposits of banks    (c) saving deposits of banks    (d) currency

5. Irving Fisher’s Quantity Theory of Money was popularized in
(a) 1908    (b) 1910   (c) 1911   (d) 1914.

6. MV stands for
(a) demand for money    (b) supply of legal tender money    (c) Supply of bank money    (d) Total supply of money

7. Inflation means
(a) Prices are rising    (b) Prices are falling    (c) Value of money is increasing    (d) Prices are remaining the same

8. __________ inflation results in a serious depreciation of the value of money.
(a) Creeping   (b) Walking   (c) running   (d) Hyper

9. __________ inflation occurs when general prices of commodities increases due to an increase in production costs such as wages and raw materials.

(a) Cost-push   (b) demand pull    (c) running   (d) galloping

10. During inflation, who are the gainers?
(a) Debtors   (b) Creditors   (c) Wage and salary earners   (d) Government

11. ____________ is a decrease in the rate of inflation.
(a) Disinflation   (b) Deflation   (c) Stagflation  (d) Depression

12. Stagflation combines the rate of inflation with
(a) Stagnation   (b) employment   (c) output   (d) price

13. The study of alternating fluctuations in business activity is referred to in Economics as
(a) Boom   (b) Recession    (c) Recovery   (d) Trade cycle

14. During the depression the level of  economic activity becomes extremely
(a) high   (b) bad   (c) low   (d) good

15. “Money can be anything that is generally accepted as a means of  exchange and that at the same time acts as a measure and a store of value”, This definition was given by
(a) Crowther   (b) A.C.Pigou   (c) F.A.Walker   (d) Francis Bacon

16. Debit card is an example of
(a) currency  (b) paper currency   (c) plastic money   (d) money

17. Fisher’s Quantity Theory of money is based on the essential function of money as
(a) measure of value  (b5) store of value   (c) medium of exchange   (d) standard of deferred payment

18. V in MV = PT equation stands for
(a) Volume of trade     (b) Velocity of circulation of money   (c) Volume of transaction   (d) Volume of bank and credit money

19. When prices rise slowly, we call it
(a) galloping inflation   (b) mild inflation   (c) hyper inflation  (d) deflation

20. ___________ inflation is in no way dangerous to the economy.
(a) walking  (b) running   (c) creeping   (d) galloping

Other Important Links for 12th Samacheer Kalvi Book Back:

For Chapter 6 Banking Book Back Click Here – Chapter 6 Banking Book Back 

Click Here for Complete 12th Samacheer kalvi book back Answers – Samacheer Kalvi 12th Economics Book Back Answers

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