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1. Which of the following is not near money? (a) Paper notes (b) Treasury Bill (c)

1. Which of the following is not near money?
(a) Paper notes                   (b) Treasury Bill
(c) Bond                               (d) Bill of exchange


2. “Money is what money does” – who said?
(a) Crowther                     (b) Robertson
(c) Walker                          (d) Marshall


3. According to Keynes, Precautionary demand for
money is the function of

(a) Level of income            (b) Interest rate
(c) Investment                    (d) Consumption


4. Lower interest rates are likely to
(a) Increase cost of borrowing
(b) Increase borrowing and spending
(c) Decrease consumption
(d) Encourage saving


5. The examples of financial intermediaries are
(a) Banks                           (b) Insurance companies
(c) Provident funds          (d) All the above


6. Which of the following is considered as a
Non-Banking Financial Company?

(a) Hire Purchase Company
(b) Loan Company
(c) Asset Management Services
(d) All the above


7. The regulatory body for the securities market in
India is

(a) Stock Exchange                (b) IRDA
(c) RBI                                      (d) SEBI


8. The major player in the Indian Money Market is
(a) Co-operative Banks
(b) Commercial Banks
(c) Reserve Bank of India
(d) Indigenous Banks


9. Which of the following institution gives long-term
concessional loans to LDCs?

(a) IBRD                     (b) IDA
(c) IFC                        (d) NAFTA


10. The Bretton woods conference was held in the year
(a) 1964                   (b) 1954
(c) 1944                   (d) 1934

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