CUET Economics - Currency notes and coins are called: | PYQs + Solutions

CUET Economics 2025 13 May Shift 1

Macro

Easy

Fiat Money

Broad Money

Currency Base

Narrow Money.

✅ Correct Option: 1

Related questions:

28 May Shift 1

When the interest rate is very high, newspapers and media channels are predicting that it may fall in future and hence anticipate capital gains from bond-holdings. Hence, people convert their money into bonds.

In the above statement, which motive of money is highlighted?

Transaction Motive
Speculative Motive
Demonetisation Motive
Precautionary Motive

3 June Shift 2

Match List-I with List-II

List-I	List-II
(A) Fixed period to maturity.	(I) Intrinsic Value
(B) Currency notes and coins.	(II) M3
(C) Gold or silver coin.	(III) Time Deposits
(D) Aggregate monetary resources.	(IV) Fiat Money

Choose the correct answer from the options given below:

29 May Shift 1

If the reserve ratio is 20%, what is the money multiplier?

CUET Economics 2025 13 May Shift 1 PYQs

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