"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.

Among the following, which are the functions of money?

(A) Medium of exchange.

(B) Unit of account.

(C) Bartering

(D) Store of value

Choose the correct answer from the options given below:

If the central bank purchases the government securities from the commercial banks, it is likely to

Which among the following will lead to a reduction in the money supply of the economy ?

What was the negative impact of demonetization?

Which of the following are the correct combinations of monetary instruments of RBI to regulate money supply in the economy?

(A) Bank rate

(B) Cash reserve ratio

(C) Savings bank interest rate for public

(D) Repo rate

Choose the correct answer from the options given below:

When Central Bank buys securities without any promise to sell them later, it is known as?