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Subject - Economics:

Miscellaneous

MCQ - 247-4257

Question:

The system of issuing and monitoring of money in the market is known as–

  1. Proportional reserve ratio
  2. Fixed reserve ratio
  3. Minimum reserve ratio
  4. Fixed reserve ratio

Correct Answer: C

Explanation:

Sol. The relationship between note issue and its reserve backing is usually done on the basis of a reserve system by central banks across the world. The reserve system provides guidelines for the issue of new currencies.

Record Performance

269 MCQ for effective preparation of the test of Miscellaneous of Economics section.

Read the MCQ statement: The system of issuing and monitoring of money in the market is known as– , keenly and apply the method you have learn through the video lessons for Miscellaneous to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 247-4257.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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