A reduction in the value of the National currency
A reduction in the purchasing power of the foreign currency
A reduction in the value of the domestic currency relative to foreign currencies
An increase in the value of the national currency
A decrease in the purchasing power of the foreign currencies
Correct answer is C
No explanation has been provided for this answer.
Open market operation are the process by which
The Central Banks purchases and sells securities
Commercial Banks purchases and sells securities
Business firms buys raw materials freely
Households buys consumer goods openly
The money market takes over the function of the Central Banks
Correct answer is A
No explanation has been provided for this answer.
The value of money is determined by the
Rate of interest
General price level
Quantity of money in circulation
Level of economic development
Weight of the currency notes and coins
Correct answer is B
No explanation has been provided for this answer.
Devaluation
Inflation
Deflation
Demonetization
Over-valuation
Correct answer is B
No explanation has been provided for this answer.
The monetary system that requires a double coincidence of wants is known as the
Gold standard
Barter system
Commodity system
Gold exchange standard
Cheque system
Correct answer is B
No explanation has been provided for this answer.