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NCERT solutions for Class 12 Economics chapter 3 - Money And Banking

Class 12 Economics - Introductory Macroeconomics

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Chapters

NCERT Class 12 Economics - Introductory Macroeconomics

Class 12 Economics - Introductory Macroeconomics - Shaalaa.com

Chapter 3: Money And Banking

Exercise

Chapter 3: Money And Banking Exercise Exercise solutions [Page 50]

Exercise | Q 1 | Page 50

What is a barter system? What are its drawbacks?

Exercise | Q 2 | Page 50

What are the main functions of money? How does money overcome the shortcomings of a barter system?

Exercise | Q 3 | Page 50

What is transaction demand for money? How is it related to the value of transactions over a specified period of time?

Exercise | Q 4 | Page 50

What are the alternative definitions of money supply in India?

Exercise | Q 5 | Page 50

What is a ‘legal tender’? What is ‘fiat money’?

Exercise | Q 6 | Page 50

What is High Powered Money?

Exercise | Q 7 | Page 50

Explain the functions of a commercial bank.

Exercise | Q 8 | Page 50

What is money multiplier? What determines the value of this multiplier?

Exercise | Q 9 | Page 50

What are the instruments of monetary policy of RBI?

Exercise | Q 10 | Page 50

Do you consider a commercial bank ‘creator of money’ in the economy’?

Exercise | Q 11 | Page 50

What role of RBI is known as ‘lender of last resort’?

Chapter 3: Money And Banking

Exercise

NCERT Class 12 Economics - Introductory Macroeconomics

Class 12 Economics - Introductory Macroeconomics - Shaalaa.com

NCERT solutions for Class 12 Economics chapter 3 - Money And Banking

NCERT solutions for Class 12 Economics chapter 3 (Money And Banking) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the CBSE Class 12 Economics - Introductory Macroeconomics solutions in a manner that help students grasp basic concepts better and faster.

Further, we at Shaalaa.com are providing such solutions so that students can prepare for written exams. NCERT textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

Concepts covered in Class 12 Economics chapter 3 Money And Banking are Function of Money - Secondary Functions, Standard of Deferred Payment, Money - Store of Value, Money - Transfer of Value, Meaning of Supply of Money, Concept of Barter Exchange, Difficulties Involved in the Barter Exchange, Monetary Payments, Commercial Banks, Currency Held by the Public and Net Demand Deposits Held by Commercial Banks, Money Creation Or Credit Creation by the Commercial Banking System, Function of Central bank - Bank of Issue, Meaning of Money, Function of Money - Primary Function, Central bank Function - Goverment Bank, Central Bank Function - Banker's Bank, Central Bank Function - Controller of Credit, Control of Credit Through Bank Rate, Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR), Demand for Money, Policy Tools to Control Money Supply, Balance Sheet of a Fictional Bank, Limits to Credit Creation and Money Multiplier, Definition - Central Bank, Repo Rate and Reverse Repo Rate, Open Market Operations, Margin Requirement.

Using NCERT Class 12 solutions Money And Banking exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in NCERT Solutions are important questions that can be asked in the final exam. Maximum students of CBSE Class 12 prefer NCERT Textbook Solutions to score more in exam.

Get the free view of chapter 3 Money And Banking Class 12 extra questions for Economics and can use Shaalaa.com to keep it handy for your exam preparation

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