Q. Which of the following is not a measure of selective credit control?
✅ Correct Answer: (A)
Variable reserve ratio
General Economics MCQs and Notes
Q. Which of the following is an anti‐deflationary monetary policy?
✅ Correct Answer: (A)
Purchase of government securities from commercial banks and from the public
Q. Open market operation influences:
✅ Correct Answer: (C)
Both A and B
Q. Which of the following represents the major functions of the central bank?
✅ Correct Answer: (D)
All of the above
Q. Which of the following is not a function of a commercial bank:
✅ Correct Answer: (C)
Issuing currency
Q. Cost – push inflation arises due to:
✅ Correct Answer: (D)
All of the above
Q. ‘Stagflation’ is a situation where the economy faces:
✅ Correct Answer: (B)
Inflation as well as stagnation
Q. Inflation is a situation where
✅ Correct Answer: (B)
Value of money is falling