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(English Medium) ICSE Class 10 - CISCE Important Questions for Economic Applications

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Economic Applications
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Define qualitative credit control policy of the RBI.

Appears in 1 question paper
Chapter: [16] Banking : Commercial Banks and Central Bank
Concept: Monetary Policy of the Central Bank

Explain how credit rationing helps to control credit in an economy.

Appears in 1 question paper
Chapter: [16] Banking : Commercial Banks and Central Bank
Concept: Monetary Policy of the Central Bank

Which of the following is not a function of the Central Bank?

Appears in 1 question paper
Chapter: [16] Banking : Commercial Banks and Central Bank
Concept: Functions of a Central Bank

During deflation, the Central Bank usually ______.

Appears in 1 question paper
Chapter: [16] Banking : Commercial Banks and Central Bank
Concept: Monetary Policy of the Central Bank

Explain the functions of the RBI with respect to the following:

  1. Custodian of foreign exchange reserves.
  2. Monopoly of note issue.
  3. Clearing house facility.
  4. Banker and fiscal agent to the government.
Appears in 1 question paper
Chapter: [16] Banking : Commercial Banks and Central Bank
Concept: Functions of a Central Bank

Which function of RBI is indicated by the above image?

Appears in 1 question paper
Chapter: [16] Banking : Commercial Banks and Central Bank
Concept: Functions of a Central Bank

The Central bank is having the authority to regulate the amount of money supply in the economy.

Based on the above explain the following.

  1. Credit Rationing
  2. CRR
  3. Regulation of Margin Requirements
  4. Bank Rate
Appears in 1 question paper
Chapter: [16] Banking : Commercial Banks and Central Bank
Concept: Functions of a Central Bank

Differentiate between quantitative and qualitative methods of credit control.

Appears in 1 question paper
Chapter: [16] Banking : Commercial Banks and Central Bank
Concept: Monetary Policy of the Central Bank

Explain the banker’s bank function of the Central Bank.

Appears in 1 question paper
Chapter: [16] Banking : Commercial Banks and Central Bank
Concept: Functions of a Central Bank
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