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Write explanatory answer.
What is 'aggregate supply'? Explain the determinants of aggregate supply.
Concept: Concept of Aggregate Demand and Aggregate Supply
Give reasons or explain the following
Old age pension is transfer income.
Concept: Concept of Good Money
D-mat account is useful to investors who deal in shares.
Concept: Money - Store of Value
Explain, with reasons, whether you Agree or Disagree with the following statements
Good money has many qualities.
Concept: Concept of Good Money
Explain, with reason,whether you Agree or Disagree with the following statement :
General acceptability is the only quality of good money.
Concept: Concept of Good Money
Define or explain the following concept.
Token coins.
Concept: Money - Store of Value
Write answer in 'one' or 'two' paragraph .
Explain the primary functions of money.
Concept: Functions of Money
Concept: Functions of Money
State whether the following statements are TRUE or FALSE with reason.
Cheque is not legal tender money.
Concept: Functions of Money
Give reasons or explain the following statement:
Invention of money is the most important invention of human economic history.
Concept: Monetary Payments
State whether the following statement is True or False :
In the initial stage of human civilisation commodity money was used.
Concept: Monetary Payments
Identify and explain the concept from the given illustration:
Tina deposited a lumpsum amount of ₹ 50,000 in the bank for a period of one year.
Concept: Structure of Money Market in India > Organized Sector >> Commercial Banks
Identify and explain the concept from the given illustration:
ABC bank provides a Demat facility, safe deposit lockers, and internet banking facilities to its customers.
Concept: Structure of Money Market in India > Organized Sector >> Commercial Banks
Identify and explain the following concept.
Lucy deposited a Lump sum amount of ₹1,00,000/- in the Bonk of India for the period of one year.
Concept: Structure of Money Market in India > Organized Sector >> Commercial Banks
Study the following table, figure, and passage, and answer the questions given below it.
| Commercial banks act as intermediaries in the country's financial system to bring savers and investors together. They are profit-seeking financial institutions. Due to bank nationalisation in 1969, there was an increase in Loan disbursement in urban and rural areas. Agriculture and retail traders started getting more loons. Those sectors which were not getting Loons before 1969, started getting loons in post nationalisation period. After the nationalisation of the bank branch expansion took place. There has been diversification in the functions of banks. Commercial Banks are providing different types of services like safe deposit lockers, D-mat facilities, internet banking, mobile banking, etc. |
- Write any two benefits of bank nationalisation.
- Write various services provided by banks.
- Write your opinion about the above passage.
Concept: Structure of Money Market in India > Organized Sector >> Commercial Banks
Distinguish between:
Recurring deposits and Fixed deposits
Concept: Structure of Money Market in India > Organized Sector >> Commercial Banks
Reverse Repo Rate
Concept: Repo Rate and Reverse Repo Rate
Central Bank is a banker to the government.
Concept: Central Bank Function - Goverment Bank
The RBI was nationalised in the year 1935.
Concept: Central Bank
The Central bank may take direct action against the defaulting commercial banks.
Concept: Central Bank Function - Banker's Bank
