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CUET Economics 2023 PYQs20 June Shift 1. Free, no login required.

Macro

past year questions, CUET Economics 2023 20 June Shift 1

Money & Banking

past year questions, Macro, CUET Economics 2023 20 June Shift 1

Medium

Which of the following is not true about a commercial Bank?

Solution

✅ Correct Option: 3

For a commercial bank, loans are assets (money owed to the bank), not liabilities. Deposits are the bank's main liabilities. So 'Liabilities = Loans' is incorrect. The other statements hold: Assets = Reserves + Loans; Net worth = Assets - Liabilities; and Deposits = Assets - Net worth (derived from the balance sheet identity).

Related questions:

2025: 3 June Shift 1

Mr. Kishore, an economics teacher, was explaining the concept of 'minimum percentage of total deposits to be kept by any commercial bank with the Central bank of the country, as per norms and statute prevailing in the country'.

From the following, choose the correct alternative which specifies towards the concept explained by him:

2025: 3 June Shift 2

To tackle the problem of corruption, black money, terrorism and the circulation of fake currency in the economy, demonetization was an initiative taken by the Government of India in the period?

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Exchange of commodities without the mediation of money is called as?

2026: 6 June Shift 1

In open market operation if Central Bank is buying government securities, how this will impact the money supply in the market?

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When was the most recent demonetization undertaken by the government of India?

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Match the LIST-I with LIST-II

LIST-ILIST-II
A. The RBI gives long term loans to the commercial banksI. Reverse repurchase agreement
B. The RBI buys the securities through an agreement having specification about date and price of resaleII. Open market operations
C. The RBI sell the securities through an agreement having specification about date and price at which it will be repurchasedIII. Repurchase agreement
D. Buying and selling of bonds issued by the government in the open marketIV. Bank Rate

Choose the correct answer from the options given below:

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