CUET Economics - Demonetization refers to : | PYQs + Solutions

CUET Economics 2025 30 May Shift 2

Macro

Easy

Restricting money supply in the economy by the government.

Restricting new currency and coin printing by the government.

Declaring any existing hard currency or coins as no longer a legal tender for some time.

Declaring all or few existing hard currency or coins as no longer a legal tender forever.

✅ Correct Option: 4

Related questions:

31 May Shift 1

Why does central bank is called the lender of last resort?

It lends money to the government to finance its budget deficit.
Central bank lends money to trade and industry to support their export operations.
When a country runs out of money, the central bank prints more money.
Central bank lends money to banks at all times.

22 May Shift 2

Currency notes and coins cannot be refused by any citizen of the country for settlement of any kind of transaction due to which they are called __ __

CUET Economics 2022 Slot 4

Identify the quantitative tools used by RBI to control money supply.

(A) Moral Suasion

(B) Bank Rate

(D) Open Market Operations

(E) Margin requirement

Choose the correct answer from the options given below :

CUET Economics 2025 30 May Shift 2 PYQs