CUET Economics 2025 13 May Shift 2 PYQs

Which are the following statements are true:

(A) Open Market Operations refers to buying and selling of bonds issued by the Government in the open market.

(B) Currency notes and coins are called fiat money.

(C) M2 and M4 are known as broad money.

(D) M1 and M2 are known as narrow money.

Choose the correct answer from the options given below:

When is Demonetisation, a new initiative was taken by the Government of India?

The Reserve Bank of India (RBI) __________ government securities in a bid to ________ the stock of money in the economy.