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:

22 May Shift 1

Match List-I with List-II

List-I	List-II
(A). M1	(I). Currency held by the public and net demand deposits held by commercial banks
(B). M2	(II). M3 + Total deposits with Post Office savings organisations
(C). M3	(III). M1 + Net time deposits of commercial banks
(D). M4	(IV). M1 + Savings deposits with Post Office savings banks

Choose the correct answer from the options given below:

29 May Shift 2

Consider the following steps taken by the Reserve Bank of India with respect to money supply and arrange them in the appropriate sequence.

(A) Increase in lending rates by commercial banks.

(B) Contraction in credit.

(D) Increase in cost of borrowings by commercial banks.

Choose the correct answer from the options given below:

CUET Economics 2022 Slot 5

In a situation of Excess Demand.

Choose the correct option.

(A) Cash reserve ratio should decrease

(B) Bank rate should increase

(D) Statutory Liquidity Ratio should decrease

Choose the correct answer from the options given below :

CUET Economics 2025 30 May Shift 2 PYQs