Question : Which of the following is not a major international reserve currency?

Option 1: US dollar
   

Option 2: Euro
 

Option 3: Japanese yen

Option 4: Indian rupee

Question : Identify the incorrect statement given below:

Option 1: Present currency can work as money as it is a legal tender.

Option 2: Coins held by the public are limited legal tender.

Option 3: Central bank prints currency in India.

Option 4: Central banks do not deal with the general public.

Question : As a result of a higher rate of inflation in India, the US dollar will:

Option 1: depreciate

Option 2: constant

Option 3: negligible

Option 4: appreciate

Question : What is the minimum legal age for employment in rural areas in India?

Option 1: 14 years
  

Option 2: 16 years
  

Option 3: 18 years

Option 4: 21 years

Question : Choose the incorrect statement from given below:

Option 1: Central bank has the sole authority to issue currency in India.

Option 2: All currency coins are minted by the Central government in India

Option 3: Currency notes in India are guaranteed by the central government.

Option 4: Currency notes are known as ‘limited Legal tender’.