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:

13 May Shift 2

When the Reserve Bank of India buys government bonds from the market, how does that affect money supply in the economy?

21 May Shift 1

Rajesh is a weaver and is looking for food for his family. He approaches Shyam who is a farmer and offers to exchange clothes in return for wheat. However, Shyam says that his family needs shoes, not clothes. Which shortcoming of the barter system is being highlighted in this case?

30 May Shift 2

Which statement is not true for M3 as a measure of money supply.

CUET Economics 2025 30 May Shift 2 PYQs

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