When did the Government of India take a decision to demonetize the currency notes of Rs500 and Rs1000?

Economics all across the globe are facing the problem of deficient demand post covid 19. Such a situation in India can be corrected by : (Choose the correct alternative).

Arrange the following alternative measures of money supply in decreasing order of liquidity.

Where CU= Currency and DD = Demand Deposit

A. CU + DD

B. CU + DD + Net time deposits of commercial banks

C. CU + DD + Savings deposits with Post Office savings banks

D. CU +DD + Net time deposits of commercial banks +Total deposits with Post Office savings organizations (excluding NSC)

Choose the correct sequence from the options given below:

Among the following what are the functions of money?

(A). Medium of exchange.

(B). Unit of account.

(C). Unit of purchasing power.

(D). Store of value.

Choose the correct answer from the options given below:

"In India every currency note bears on its face a promise from the Governor of the Reserve Bank of India(RBI) that if someone produces the note to RBI, or any other commercial bank, the RBI will be responsible for giving the person purchasing power equal to the value printed on the note. The same is also true of coins."

These currency notes and coins are also known by which of the following type of money.

Arrange the following measures of money supply (monetary aggregates) in increasing order of liquidity.

A. CU + DD where CU is currency held by the public and DD is net demand deposits of banks

B. CU + DD + Savings deposits with Post Office savings banks

C. CU + DD + Net time deposits of commercial banks

D. CU + DD + Net time deposits of commercial banks + Total deposits with Post Office savings organisations (excluding National Savings Certificates)

Choose the correct answer from the options given below:

RBI can influence money supply by changing the Bank rate. An increase in Bank rate can be termed as :