Methods of Issuing Notes and Indian Currency System MCQ - 1

Question: 1

Which of the following accounts for Cost-Push inflation?

(A) Increase in non plan expenditure

(B) Increase in population

(C) Increase in money supply

(D) Increase in indirect taxation

Question: 2

The currency convertibility concept in its original form originated in

(A) Taylors Agreement

(B) Wells Agreement

(C) Bretton Woods

(D) All of the above

Question: 3

Who among the following are not protected against inflation?

(A) Agricultural farmers

(B) Pensioners

(C) Industrial workers

(D) Salaried class

Question: 4

The Mahatma Gandhi Series of Indian currency notes was introduced in

(A) 1996

(B) 1998

(C) 2000

(D) 2004

Question: 5

When was decimal coinage introduced in India?

(A) 1947

(B) 1957

(C) 1967

(D) 1977