Question : Which of the following are non-chequeable deposits?
Option 1: Current deposits
Option 2: Fixed deposits
Option 3: Savings deposits
Option 4: None of the above
Correct Answer: Fixed deposits
Solution : Fixed deposits are non-chequeable deposits. They carry interest which varies directly with the period of time. Hence Option B is correct.
Question : M1+Savings deposits with post office savings banks is a part of
Option 1: M3
Option 2: M4
Option 3: M2
Option 4: None of the above.
Question : Which of the following is not a type of demand deposit account?
Option 1: Savings account
Option 2: Current account
Option 3: Fixed deposit account
Question : Demand deposits include______
Option 1: Saving account deposits with fixed deposits
Option 2: Saving account deposits with current account deposits
Option 3: Current account deposits with fixed deposits
Option 4: All types of deposits
Question : Calculate M1 from the following- Currency with public- 82000 Demand deposits with banks- 34000 Other deposits with RBI- 4563 Total deposits with Post office- 2240 Time deposits with banks- 2,45,000 Post office savings bank deposits- 2683
Option 1: 120562
Option 2: 120561
Option 3: 120564
Question : Inventory rises above the desired level when
Option 1: Savings is more than investment
Option 2: Savings is less than investment
Option 3: Savings is equal to investment
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